Minimum Wage

jcgriff2

jcgriff2

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I was discussing minimum wage with my 17 year old, Brooke, today and was rather stunned to learn that the minimum wage did not have an increase for 10 years from 1997-2007.

USA MINIMUM WAGE TABLE
[table="width: 500, class: wikigrid, align: center"]
[TR]
[TH]Year
[/TH]
[TH="width: 153"]Nominal Min Wage
[/TH]
[TH="width: 225"]Minimum Wage in 2012 Dollars
[/TH]
[/TR]
[TR]
[TD="align: right"]1929
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1930
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1931
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1932
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1933
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1934
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1935
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1936
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1937
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]1938
[/TD]
[TD="align: right"]$0.25
[/TD]
[TD="align: right"]$3.98
[/TD]
[/TR]
[TR]
[TD="align: right"]1939
[/TD]
[TD="align: right"]$0.30
[/TD]
[TD="align: right"]$4.85
[/TD]
[/TR]
[TR]
[TD="align: right"]1940
[/TD]
[TD="align: right"]$0.30
[/TD]
[TD="align: right"]$4.81
[/TD]
[/TR]
[TR]
[TD="align: right"]1941
[/TD]
[TD="align: right"]$0.30
[/TD]
[TD="align: right"]$4.59
[/TD]
[/TR]
[TR]
[TD="align: right"]1942
[/TD]
[TD="align: right"]$0.30
[/TD]
[TD="align: right"]$4.14
[/TD]
[/TR]
[TR]
[TD="align: right"]1943
[/TD]
[TD="align: right"]$0.30
[/TD]
[TD="align: right"]$3.90
[/TD]
[/TR]
[TR]
[TD="align: right"]1944
[/TD]
[TD="align: right"]$0.30
[/TD]
[TD="align: right"]$3.83
[/TD]
[/TR]
[TR]
[TD="align: right"]1945
[/TD]
[TD="align: right"]$0.40
[/TD]
[TD="align: right"]$5.00
[/TD]
[/TR]
[TR]
[TD="align: right"]1946
[/TD]
[TD="align: right"]$0.40
[/TD]
[TD="align: right"]$4.62
[/TD]
[/TR]
[TR]
[TD="align: right"]1947
[/TD]
[TD="align: right"]$0.40
[/TD]
[TD="align: right"]$4.02
[/TD]
[/TR]
[TR]
[TD="align: right"]1948
[/TD]
[TD="align: right"]$0.40
[/TD]
[TD="align: right"]$3.74
[/TD]
[/TR]
[TR]
[TD="align: right"]1949
[/TD]
[TD="align: right"]$0.40
[/TD]
[TD="align: right"]$3.77
[/TD]
[/TR]
[TR]
[TD="align: right"]1950
[/TD]
[TD="align: right"]$0.75
[/TD]
[TD="align: right"]$7.01
[/TD]
[/TR]
[TR]
[TD="align: right"]1951
[/TD]
[TD="align: right"]$0.75
[/TD]
[TD="align: right"]$6.50
[/TD]
[/TR]
[TR]
[TD="align: right"]1952
[/TD]
[TD="align: right"]$0.75
[/TD]
[TD="align: right"]$6.35
[/TD]
[/TR]
[TR]
[TD="align: right"]1953
[/TD]
[TD="align: right"]$0.75
[/TD]
[TD="align: right"]$6.31
[/TD]
[/TR]
[TR]
[TD="align: right"]1954
[/TD]
[TD="align: right"]$0.75
[/TD]
[TD="align: right"]$6.28
[/TD]
[/TR]
[TR]
[TD="align: right"]1955
[/TD]
[TD="align: right"]$0.75
[/TD]
[TD="align: right"]$6.31
[/TD]
[/TR]
[TR]
[TD="align: right"]1956
[/TD]
[TD="align: right"]$1.00
[/TD]
[TD="align: right"]$8.29
[/TD]
[/TR]
[TR]
[TD="align: right"]1957
[/TD]
[TD="align: right"]$1.00
[/TD]
[TD="align: right"]$7.99
[/TD]
[/TR]
[TR]
[TD="align: right"]1958
[/TD]
[TD="align: right"]$1.00
[/TD]
[TD="align: right"]$7.77
[/TD]
[/TR]
[TR]
[TD="align: right"]1959
[/TD]
[TD="align: right"]$1.00
[/TD]
[TD="align: right"]$7.72
[/TD]
[/TR]
[TR]
[TD="align: right"]1960
[/TD]
[TD="align: right"]$1.00
[/TD]
[TD="align: right"]$7.59
[/TD]
[/TR]
[TR]
[TD="align: right"]1961
[/TD]
[TD="align: right"]$1.15
[/TD]
[TD="align: right"]$8.64
[/TD]
[/TR]
[TR]
[TD="align: right"]1962
[/TD]
[TD="align: right"]$1.15
[/TD]
[TD="align: right"]$8.56
[/TD]
[/TR]
[TR]
[TD="align: right"]1963
[/TD]
[TD="align: right"]$1.25
[/TD]
[TD="align: right"]$9.18
[/TD]
[/TR]
[TR]
[TD="align: right"]1964
[/TD]
[TD="align: right"]$1.25
[/TD]
[TD="align: right"]$9.06
[/TD]
[/TR]
[TR]
[TD="align: right"]1965
[/TD]
[TD="align: right"]$1.25
[/TD]
[TD="align: right"]$8.67
[/TD]
[/TR]
[TR]
[TD="align: right"]1966
[/TD]
[TD="align: right"]$1.25
[/TD]
[TD="align: right"]$8.92
[/TD]
[/TR]
[TR]
[TD="align: right"]1967
[/TD]
[TD="align: right"]$1.40
[/TD]
[TD="align: right"]$9.43
[/TD]
[/TR]
[TR]
[TD="align: right"]1968
[/TD]
[TD="align: right"]$1.60
[/TD]
[TD="align: right"]$10.34
[/TD]
[/TR]
[TR]
[TD="align: right"]1969
[/TD]
[TD="align: right"]$1.60
[/TD]
[TD="align: right"]$9.81
[/TD]
[/TR]
[TR]
[TD="align: right"]1970
[/TD]
[TD="align: right"]$1.60
[/TD]
[TD="align: right"]$9.28
[/TD]
[/TR]
[TR]
[TD="align: right"]1971
[/TD]
[TD="align: right"]$1.60
[/TD]
[TD="align: right"]$8.89
[/TD]
[/TR]
[TR]
[TD="align: right"]1972
[/TD]
[TD="align: right"]$1.60
[/TD]
[TD="align: right"]$8.60
[/TD]
[/TR]
[TR]
[TD="align: right"]1973
[/TD]
[TD="align: right"]$1.60
[/TD]
[TD="align: right"]$8.10
[/TD]
[/TR]
[TR]
[TD="align: right"]1974
[/TD]
[TD="align: right"]$2.00
[/TD]
[TD="align: right"]$9.12
[/TD]
[/TR]
[TR]
[TD="align: right"]1975
[/TD]
[TD="align: right"]$2.10
[/TD]
[TD="align: right"]$8.78
[/TD]
[/TR]
[TR]
[TD="align: right"]1976
[/TD]
[TD="align: right"]$2.30
[/TD]
[TD="align: right"]$9.10
[/TD]
[/TR]
[TR]
[TD="align: right"]1977
[/TD]
[TD="align: right"]$2.30
[/TD]
[TD="align: right"]$8.54
[/TD]
[/TR]
[TR]
[TD="align: right"]1978
[/TD]
[TD="align: right"]$2.65
[/TD]
[TD="align: right"]$9.14
[/TD]
[/TR]
[TR]
[TD="align: right"]1979
[/TD]
[TD="align: right"]$2.90
[/TD]
[TD="align: right"]$8.97
[/TD]
[/TR]
[TR]
[TD="align: right"]1980
[/TD]
[TD="align: right"]$3.10
[/TD]
[TD="align: right"]$8.46
[/TD]
[/TR]
[TR]
[TD="align: right"]1981
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$8.29
[/TD]
[/TR]
[TR]
[TD="align: right"]1982
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$7.82
[/TD]
[/TR]
[TR]
[TD="align: right"]1983
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$7.59
[/TD]
[/TR]
[TR]
[TD="align: right"]1984
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$7.34
[/TD]
[/TR]
[TR]
[TD="align: right"]1985
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$7.09
[/TD]
[/TR]
[TR]
[TD="align: right"]1986
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$6.98
[/TD]
[/TR]
[TR]
[TD="align: right"]1987
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$6.74
[/TD]
[/TR]
[TR]
[TD="align: right"]1988
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$6.48
[/TD]
[/TR]
[TR]
[TD="align: right"]1989
[/TD]
[TD="align: right"]$3.35
[/TD]
[TD="align: right"]$6.18
[/TD]
[/TR]
[TR]
[TD="align: right"]1990
[/TD]
[TD="align: right"]$3.80
[/TD]
[TD="align: right"]$6.66
[/TD]
[/TR]
[TR]
[TD="align: right"]1991
[/TD]
[TD="align: right"]$4.25
[/TD]
[TD="align: right"]$7.16
[/TD]
[/TR]
[TR]
[TD="align: right"]1992
[/TD]
[TD="align: right"]$4.25
[/TD]
[TD="align: right"]$6.96
[/TD]
[/TR]
[TR]
[TD="align: right"]1993
[/TD]
[TD="align: right"]$4.25
[/TD]
[TD="align: right"]$6.77
[/TD]
[/TR]
[TR]
[TD="align: right"]1994
[/TD]
[TD="align: right"]$4.25
[/TD]
[TD="align: right"]$6.60
[/TD]
[/TR]
[TR]
[TD="align: right"]1995
[/TD]
[TD="align: right"]$4.25
[/TD]
[TD="align: right"]$6.42
[/TD]
[/TR]
[TR]
[TD="align: right"]1996
[/TD]
[TD="align: right"]$4.75
[/TD]
[TD="align: right"]$6.97
[/TD]
[/TR]
[TR]
[TD="align: right"]1997
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$7.39
[/TD]
[/TR]
[TR]
[TD="align: right"]1998
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$7.30
[/TD]
[/TR]
[TR]
[TD="align: right"]1999
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$7.14
[/TD]
[/TR]
[TR]
[TD="align: right"]2000
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$6.90
[/TD]
[/TR]
[TR]
[TD="align: right"]2001
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$6.72
[/TD]
[/TR]
[TR]
[TD="align: right"]2002
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$6.62
[/TD]
[/TR]
[TR]
[TD="align: right"]2003
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$6.48
[/TD]
[/TR]
[TR]
[TD="align: right"]2004
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$6.31
[/TD]
[/TR]
[TR]
[TD="align: right"]2005
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$6.10
[/TD]
[/TR]
[TR]
[TD="align: right"]2006
[/TD]
[TD="align: right"]$5.15
[/TD]
[TD="align: right"]$5.91
[/TD]
[/TR]
[TR]
[TD="align: right"]2007
[/TD]
[TD="align: right"]$5.85
[/TD]
[TD="align: right"]$6.53
[/TD]
[/TR]
[TR]
[TD="align: right"]2008
[/TD]
[TD="align: right"]$6.55
[/TD]
[TD="align: right"]$7.02
[/TD]
[/TR]
[TR]
[TD="align: right"]2009
[/TD]
[TD="align: right"]$7.25
[/TD]
[TD="align: right"]$7.82
[/TD]
[/TR]
[TR]
[TD="align: right"]2010
[/TD]
[TD="align: right"]$7.25
[/TD]
[TD="align: right"]$7.67
[/TD]
[/TR]
[TR]
[TD="align: right"]2011
[/TD]
[TD="align: right"]$7.25
[/TD]
[TD="align: right"]$7.40
[/TD]
[/TR]
[TR]
[TD="align: right"]2012
[/TD]
[TD="align: right"]$7.25
[/TD]
[TD="align: right"]$7.25
[/TD]
[/TR]
[TR]
[TD][/TD]
[TD="align: right"]$7.25
[/TD]
[TD="align: right"]$7.25
[/TD]
[/TR]
[/TABLE]
Click to expand...

http://www.dol.gov/minwage/chart1.htm

That's a long time to go without an increase.
 
Most states have higher minimum wages than what the feds require... Im curious to see if this 10 year gap is also matched at a state by state level.
 
Good point on State minimums, Geoff -- I forgot about them.

I just happened to think -- I wonder if the US Congress got pay raises during that 10 year period. :0
 
Minimum wage here in Québec is around $10,50 CAN I think.
 
Here is a link for minimum wage by State - historical info back to 1968 - U.S. Department of Labor - Wage & Hour Divisions (WHD) - CHANGES IN BASIC MINIMUM WAGES IN NON-FARM EMPLOYMENT UNDER STATE LAW: SELECTED YEARS 1968 TO 2013

I was trying to explain to Brooke how dollars from past years can be stated in today's dollars using the CPI-U inflation rate.

When I was her age many moons ago, minimum wage was ~$2.10 per hour.

That doesn't seem like very much these days, but it works out to $7.45/hour in 2015 dollars.

Current NJ State Minimum Hourly Wage = $8.38
 
Masterchiefxx17 said:
Seattle sees fallout from $15 minimum wage, as other cities follow suit | Fox News
Click to expand...

Seems like ******** - although, hard to imagine anything else coming from Fox News.

What small time book store requires an extra 80,000 dollars to cover the minimum wage increase? Is he employing 50 people, or did he not actually pay his staff previously?

The rest of the stats are nonsense as well. Why would April claimants be any lower than March, if the law only came into effect in April? Does Fox not understand how credits/welfare are calculated? Well, probably not..
 
Will Watts said:
What small time book store requires an extra 80,000 dollars to cover the minimum wage increase? Is he employing 50 people, or did he not actually pay his staff previously?
Click to expand...

That would be ~7 full time employees, assuming they were all previously paid $9.19-$10.00/hr.
 
zcomputerwiz said:
Will Watts said:
What small time book store requires an extra 80,000 dollars to cover the minimum wage increase? Is he employing 50 people, or did he not actually pay his staff previously?
Click to expand...

That would be ~7 full time employees, assuming they were all previously paid $9.19-$10.00/hr.
Click to expand...

So, this would be a full time book store in what sense? You'd have to have a pretty large building, and probably be part of a corporate chain, to have 7 full time employees in a book store.
 
I assume it could be something like receptionist/office, book keeper, 2 part time floor, 2 part time stocking, 3 part time register, 1 part time janitor?
That would leave one person's worth of extra hours, but it doesn't seem entirely unreasonable if they were open weekdays and weekends with normal business hours.
 
Will Watts said:
zcomputerwiz said:
Will Watts said:
What small time book store requires an extra 80,000 dollars to cover the minimum wage increase? Is he employing 50 people, or did he not actually pay his staff previously?
Click to expand...

That would be ~7 full time employees, assuming they were all previously paid $9.19-$10.00/hr.
Click to expand...

So, this would be a full time book store in what sense? You'd have to have a pretty large building, and probably be part of a corporate chain, to have 7 full time employees in a book store.
Click to expand...

That is a very true, and even in some corporate book shops, having 7 full-time employees is probably overkill.
 
zcomputerwiz said:
I assume it could be something like receptionist/office, book keeper, 2 part time floor, 2 part time stocking, 3 part time register, 1 part time janitor?
That would leave one person's worth of extra hours, but it doesn't seem entirely unreasonable if they were open weekdays and weekends with normal business hours.
Click to expand...

The store manager would take care any administrative duties including finances, the cleaning duties would be outsourced and the store assistants would be doing several different jobs throughout the day; stock replenishment in a book store isn't going to provide 7 hours worth of work.
 

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