Here’s What the US Minimum Wage Was the Year You Were Born
Although the minimum wage is not nearly as low as it used to be, America still has a long way to go to fairly paying workers. The federal minimum wage is currently at $7.25, money that’s stayed the same since 2009.
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Even with no recent changes from the federal government, things appear to be moving in the right direction. In July 2019, the U.S. House passed a bill that would raise the minimum wage to $15 per hour by 2025, which could increase the incomes of 17 million to 27 million minimum wage workers, according to Bloomberg.
In the meantime, many states and localities are taking it upon themselves to increase their minimum wages. However, due to inflation and the rising cost of living, it might not be enough to sustain workers.
Take a look at how minimum wage has dramatically morphed throughout the years.
1938
U.S. minimum wage: 25 cents
In 2020 dollars: $4.54
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1939
U.S. minimum wage: 30 cents
In 2020 dollars: $5.53
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1940
U.S. minimum wage: 30 cents
In 2020 dollars: $5.57
1941
U.S. minimum wage: 30 cents
In 2020 dollars: $5.49
1942
U.S. minimum wage: 30 cents
In 2020 dollars: $4.93
1943
U.S. minimum wage: 30 cents
In 2020 dollars: $4.58
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1944
U.S. minimum wage: 30 cents
In 2020 dollars: $4.45
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
U.S. minimum wage: $7.25
In 2020 dollars: $8
2015
2016
2017
U.S. minimum wage: $7.25
In 2020 dollars: $7.70
2018
U.S. minimum wage: $7.25
In 2020 dollars: $7.55
2019
2020
U.S. minimum wage: $7.25
In 2020 dollars: $7.25
2021
U.S. minimum wage: $7.25
2022
U.S. minimum wage: $7.25
Gabrielle Olya and Amen Oyiboke-Osifo contributed to the reporting for this article.
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This article originally appeared on GOBankingRates.com: Here’s What the US Minimum Wage Was the Year You Were Born