What was minimum wage in 1984?
| in constant 2013 dollars | ||
|---|---|---|
| Minimum wage weighted by number of employees for each province | ||
| 1983 | 7.87 | 8.66 |
| 1984 | 7.81 | 8.35 |
| 1985 | 7.70 | 8.61 |
• Nov 27, 2015
Considering this, What was minimum wage in 2003?
Of those paid by the hour, 545,000 were reported as earning exactly $5.15, the prevailing Federal minimum wage, and another 1.6 million were reported with wages below the minimum.
Subsequently What was minimum wage in 1982? The value of the dollar
| Value of the minimum wage | ||
|---|---|---|
| Year | Current dollars | Constant (1996) dollars 1 |
| 1980 | 3.10 | 5.90 |
| 1981 | 3.35 | 5.78 |
| 1982 | 3.35 | 5.78 |
What was minimum wage in 1983?
In 1983, the federal government set the minimum wage at $3.35, but most of the states in the country were paying their workers less.
What was minimum wage in 1969?
The minimum wage went to $1.00 an hour effective February 1967 for newly covered nonfarm workers, $1.15 in February 1968, $1.30 in February 1969, $1.45 in February 1970, and $1.60 in February 1971. Increases for newly subject farm workers stopped at $1.30.
What was the average wage in 1920?
Wages in 1920
In 1920, the Internal Revenue Service reports, the average income was $3,269.40 per year.
What was minimum wage in 1987?
Barack Obama says the minimum wage was higher during Ronald Reagan’s first State of the Union
| Year | Minimum wage | Wage in 2013 dollars |
|---|---|---|
| 1985 | $3.35 | $7.25 |
| 1986 | $3.35 | $7.12 |
| 1987 | $3.35 | $6.87 |
| 1988 | $3.35 | $6.60 |
• Jan 29, 2014
What was the minimum wage in 1994?
Changes in Basic Minimum Wages in Non-Farm Employment Under State Law: Selected Years 1968 to 2020
| State or other jurisdiction | 1988 | 1994 |
|---|---|---|
| Federal (FLSA) | $3.35 | $4.25 |
| Alabama | … | … |
| Alaska | 3.85 | 4.75 |
What was a good salary in 1940?
The median income for a man in 1940 was $956. Seventy years later, the median income was $33,276. Women in 1940 earned 62 cents for every dollar a man earned.
What was minimum wage in 1999?
| Actual minimum wage (2016$) | Minimum wage if it had grown with average wages | |
|---|---|---|
| 1996 | $ 7.20 | $ 9.67 |
| 1997 | $ 7.64 | $ 9.83 |
| 1998 | $ 7.54 | $ 10.09 |
| 1999 | $ 7.38 | $ 10.24 |
• Jul 25, 2016
What was the minimum wage in 2007?
MINIMUM WAGES
Every employer shall pay to each employee wages not less than seven dollars and fifty cents ($7.50) per hour for all hours worked, effective January 1, 2007, and not less than eight dollars ($8.00) per hour for all hours worked, effective January 1, 2008.
What was minimum wage in 1968?
When adjusted for inflation, the “best” the minimum wage has ever been was in 1968. Though it was $1.60 an hour, today, that’s the equivalent of more than $12 an hour.
What was minimum wage in 2005?
According to Current Population Survey estimates for 2005, 75.6 million American workers were paid at hourly rates, representing 60.1 percent of all wage and salary workers. 1 Of those paid by the hour, 479,000 were reported as earning exactly $5.15, the prevailing Federal minimum wage.
What was the average salary in 1918?
According to the Bureau of Labor Statistics, the average household earned $1,518 in 1918, which is the equivalent of $21,644 in 2008 dollars (the second most expensive year for gas dating back to 1918).
What was the average salary in 1940?
The median income for a man in 1940 was $956. Seventy years later, the median income was $33,276. Women in 1940 earned 62 cents for every dollar a man earned.
What was the average wage in 1925?
65.7 cents in 1922, and average full-time earnings per week were $37.05 in 1928, $36.37 in 1925, and $32.92 in 1922.
What was minimum wage in 1940?
| Actual minimum wage (2016$) | |
|---|---|
| 1938 | $ 3.67 |
| 1939 | $ 4.46 |
| 1940 | $ 4.43 |
| 1941 | $ 4.22 |
• Jul 25, 2016
What was minimum wage in 1972?
The value of the dollar
| Value of the minimum wage | Value of the minimum wage | |
|---|---|---|
| Year | Current dollars | Constant (1996) dollars 1 |
| 1972 | 1.60 | 4.69 |
| 1973 | 1.60 | 4.56 |
| 1974 | 2.00 | 4.49 |
What was the average wage in 1910?
The average US wage in 1910 was 22 cents per hour. The average US worker made between $200 and $400 per year.
How much was $1 worth in 1940?
Buying power of $1 in 1940
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1940 | $19.76 dollars today |
| $5 dollars in 1940 | $98.78 dollars today |
| $10 dollars in 1940 | $197.56 dollars today |
| $50 dollars in 1940 | $987.82 dollars today |
How much did a house cost in 1942?
Nostalgic journeys are sure to highlight the ridiculously low cost of living “back when.” Indeed, the typical American house in 1942 cost $3,775, a new car $920, and a movie ticket 30 cents.
How much did Coal miners get paid in the 1930s?
Daily rates of pay for inside and outside employees, including contract miners and laborers, went up to 35 cents a day on the effective date of the agreement. Machine and mechanical miners received an additional 60 cents a day.
What was minimum wage in 2021?
State Minimum Wage Rates
| State | 2020 Minimum Wage | 2021 Minimum Wage |
|---|---|---|
| California | $13.00 | $14.00 * |
| Colorado | $12.00 | $12.32 |
| Connecticut | $12.00 | $13.00 |
| Delaware | $9.25 | $9.25 |
• Jul 16, 2021
What was the minimum wage in 2005?
According to Current Population Survey estimates for 2005, 75.6 million American workers were paid at hourly rates, representing 60.1 percent of all wage and salary workers. 1 Of those paid by the hour, 479,000 were reported as earning exactly $5.15, the prevailing Federal minimum wage.
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