Graph and download economic data for Federal Minimum Hourly Wage for Nonfarm Workers for the United States (FEDMINNFRWG) from Oct 1938 to Aug 2025 about per hour, minimum wage, nonfarm, workers, hours, federal, wages, and USA.

Wages in the United States increased 4.86 percent in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

Graph and download economic data for State Minimum Wage Rate for California (STTMINWGCA) from 1968 to 2025 about minimum wage, wages, CA, rate, and USA.

Minimum Wages in Indonesia increased to 5.40 IDR Million/Month in 2025 from 5.07 IDR Million/Month in 2024. This dataset provides - Indonesia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for WAGE GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The minimum wage is a basic labour standard that sets the lowest wage rate that an employer can pay to employees who are covered by the legislation. Today, one of its main purposes is to protect non-unionized workers in unskilled jobs, although it can also influence, directly or indirectly, the level of compensation of other employees as well. A minimum wage constitutes a floor above which employees or their unions may negotiate with management for higher remuneration. However, it is rarely static: adjustments are required from time to time to maintain its relevance in changing economic and social conditions.

This feature layer consists of the contiguous United States and District of Columbia, with Alaska and Hawaii. It comprises state minimum wage data for 2018, as well as historical data since 1968, and future data where available. The data was compiled from the U.S. Department of Labor, the National Conference of State Legislatures, and the U.C. Berkeley Labor Center, with living wage data from MIT's Living Wage Calculator. This layer uses the composite geographies layout to position Alaska and Hawaii adjacent to the contiguous United States.Attributes:

Field Name Unit Description

PeakMW Nominal dollar value Highest minimum wage value planned to be reached in future years (2019-2022)

PeakYR Year The year that the highest minimum wage value is planned to be reached (2019-2022)

DiffPeak2018 Nominal dollar value (difference) The difference between the peak minimum wage and the 2018 minimum wage (PeakMW - DiffPeak2018)

MW2018 Nominal dollar value 2018 state minimum wage

Increase2017 Nominal dollar value (difference) The difference between the 2018 minimum wage and the 2017 minimum wage (MW2018 - MW2017)

Increase2000 2017 dollar value (difference) The difference between the 2018 minimum wage and the 2000 minimum wage (MW2018-MW2000)

Effective2018 Nominal dollar value The minimum wage effective in 2018. For states with minimum wages below the federal minimum wage of $7.25, or for states that have no minimum wage requirement, the federal minimum wage applies.

LV2016 Nominal dollar value 2016 living wage for a single adult at the state level

DiffMWLV Nominal dollar value (difference) The difference between the 2018 minimum wage and the 2016 living wage

CurrentMW Category The type of minimum wage policy in place at the state level

PoliciesMW Text When a state has an indexed minimum wage, the type of policy is described here

Update2018 Category Yes = the state implemented an update to its minimum wage in 2018; No = no policy update in 2018

MW2017 Nominal dollar value 2017 minimum wage

MW2016 2017 dollar value 2016 minimum wage, adjusted for inflation to 2017 dollars

MW2015 2017 dollar value 2015 minimum wage, adjusted for inflation to 2017 dollars

MW2014 2017 dollar value 2014 minimum wage, adjusted for inflation to 2017 dollars

MW2013 2017 dollar value 2013 minimum wage, adjusted for inflation to 2017 dollars

MW2012 2017 dollar value 2012 minimum wage, adjusted for inflation to 2017 dollars

MW2011 2017 dollar value 2011 minimum wage, adjusted for inflation to 2017 dollars

MW2010 2017 dollar value 2010 minimum wage, adjusted for inflation to 2017 dollars

MW2009 2017 dollar value 2009 minimum wage, adjusted for inflation to 2017 dollars

MW2008 2017 dollar value 2008 minimum wage, adjusted for inflation to 2017 dollars

MW2007 2017 dollar value 2007 minimum wage, adjusted for inflation to 2017 dollars

MW2006 2017 dollar value 2006 minimum wage, adjusted for inflation to 2017 dollars

MW2005 2017 dollar value 2005 minimum wage, adjusted for inflation to 2017 dollars

MW2004 2017 dollar value 2004 minimum wage, adjusted for inflation to 2017 dollars

MW2003 2017 dollar value 2003 minimum wage, adjusted for inflation to 2017 dollars

MW2002 2017 dollar value 2002 minimum wage, adjusted for inflation to 2017 dollars

MW2001 2017 dollar value 2001 minimum wage, adjusted for inflation to 2017 dollars

MW2000 2017 dollar value 2000 minimum wage, adjusted for inflation to 2017 dollars

MW1998 2017 dollar value 1998 minimum wage, adjusted for inflation to 2017 dollars

MW1997 2017 dollar value 1997 minimum wage, adjusted for inflation to 2017 dollars

MW1996 2017 dollar value 1996 minimum wage, adjusted for inflation to 2017 dollars

MW1994 2017 dollar value 1994 minimum wage, adjusted for inflation to 2017 dollars

MW1992 2017 dollar value 1992 minimum wage, adjusted for inflation to 2017 dollars

MW1991 2017 dollar value 1991 minimum wage, adjusted for inflation to 2017 dollars

MW1988 2017 dollar value 1988 minimum wage, adjusted for inflation to 2017 dollars

MW1981 2017 dollar value 1981 minimum wage, adjusted for inflation to 2017 dollars

MW1980 2017 dollar value 1980 minimum wage, adjusted for inflation to 2017 dollars

MW1979 2017 dollar value 1979 minimum wage, adjusted for inflation to 2017 dollars

MW1976 2017 dollar value 1976 minimum wage, adjusted for inflation to 2017 dollars

MW1972 2017 dollar value 1972 minimum wage, adjusted for inflation to 2017 dollars

MW1970 2017 dollar value 1970 minimum wage, adjusted for inflation to 2017 dollars

MW1968 2017 dollar value 1968 minimum wage, adjusted for inflation to 2017 dollars

Replication Data for: The minimum wage in formal and informal sectors: Evidence from an inflation shock

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

In April 2025, the UK minimum wage for adults over the age of 21 in will be 12.21 pounds per hour. For the 2025/26 financial year, there will be four minimum wage categories, three of which are based on age and one for apprentice workers. Apprentices, and workers under the age of 18 will have a minimum wage of 7.55 pounds an hour, increasing to ten pounds for those aged 18 to 20. When the minimum wage was first introduced in 1999, there were just two age categories; 18 to 21, and 22 and over. This increased to three categories in 2004, four in 2010, and five between 2016 and 2023, before being reduced down to four in the most recent year. The living wage The living wage is an alternative minimum wage amount that employers in the UK can voluntarily pay their employees. It is calculated independently of the legal minimum wage and results in a higher value figure. In 2023/24, for example, the living wage was twelve pounds an hour for the UK as a whole and 13.15 for workers in London, where the cost of living is typically higher. This living wage is different from what the UK government has named the national living wage, which was 10.42 in the same financial year. Between 2011/12 and 2023/24, the living wage has increased by 4.80 pounds, while the London living wage has grown by 4.85 pounds. Wage growth cancelled-out by high inflation 2021-2023 For a long period between the middle of 2021 and late 2023, average wage growth in the UK was unable to keep up with record inflation levels, resulting in the biggest fall in disposable income since 1956. Although the UK government attempted to mitigate the impact of falling living standards through a series of cost of living payments, the situation has still been very difficult for households. After peaking at 11.1 percent in October 2022, the UK's inflation rate remained in double figures until March 2023, and did not fall to the preferred rate of two percent until May 2024. As of November 2024, regular weekly pay in the UK was growing by 5.6 percent in nominal terms, and 2.5 percent when adjusted for inflation.

Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for State Minimum Wage Rate for Michigan (STTMINWGMI) from 1968 to 2025 about minimum wage, MI, wages, rate, and USA.

Graph and download economic data for State Minimum Wage Rate for Ohio (STTMINWGOH) from 1968 to 2025 about minimum wage, OH, wages, rate, and USA.

From April 2025 onwards, the UK's main national minimum wage category, the national living wage, will rise to ***** pounds per hour, up from ***** pounds per hour in the previous financial year. This amount will apply to workers aged 21 and over, compared with 2022 and 2023 when it was only for workers aged 23 and over, and for those aged 25 and over between 2016 and 2021. The main minimum wage from 2010 to 2015 was the 21+ rate, and 22+ rate between 1999 and 2009. Evolution of the minimum wage Since its introduction in 1999, the minimum wage has had various rate categories, usually based on age. For the first five years, there were two categories, one for workers 18 to 21, and another for workers aged 22 and over. In 2004, a minimum wage for under 18s was introduced, and between 2010 and 2015 there were three rates based on age, and one for apprenticeships. Another age based-rate was added in 2016, but from 2024 onwards, the model will revert to four rate categories overall. In addition to the legal minimum wage, there is also a voluntary real living wage, which for 2024/25 is **** pounds per hour, rising to ***** pounds per hour for workers in London. Wages continue to outpace inflation in 2024 Since July 2023, wages have grown faster than inflation in the UK with December 2024 seeing regular weekly earnings grow by *** percent, compared with the CPI inflation rate of *** percent that month. For almost two years between November 2021 and June 2023, wage growth struggled to keep up with inflation, with the biggest gap occurring in October 2022 when inflation peaked at **** percent. The fall in real earnings in one of the most important factors in the UK's ongoing cost of living crisis. At the height of the crisis, around ** percent of UK households were reporting a monthly increase in their cost of living, with this falling to ** percent by March 2024.

Wages in Italy increased 2.80 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Italy Hourly Wage Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The study of Jürgen Nautz deals with selected aspects of tariff autonomy and wage development during the years of inflation in the Weimar Republic. First the development of wages will be presented in the context of cost of living. To investigate the question of tariff autonomy in the inflation period it is of special interest to analyze the usage of arbitration instruments by unions, management and the state. Another central subject of this study is the fundamental position concerning the question of the design of important relations. Two themes are in the focus of interest; the ideas of the further refinement of the collective bargaining principle and the arbitration of labor disputes. Especially concerning tariff autonomy legal positions were developed during the inflation years which had an important impact on the discussion about tariff autonomy during the entire period the Weimar Republic. Data tables in HISTAT: A.1 Development of cost of living: Index of the statistical office of the German Empire (1920-1923) A.2 Index of average real weekly wages per collective agreement Index (1913-1923) A.3 Real weekly and real hourly wages of unskilled and skilled workers (1919-1923) A.4 Strikes and lockouts (1918-1924) A.5 Number of collective agreements (1918-1929) Der Beitrag von Jürgen Nautz widment sich ausgewählten Aspekten zum Problembereich der Tarifautonomie und der Lohnentwicklung in der Zeit der Inflationsjahre während der Weimarer Republik. Als erstes wird die Entwicklung der Löhne auf dem Hintergrund der Lebenshaltungskosten dargestellt. Für die Frage nach dem Zustand der Tarifautonomie in der Inflationsphase ist die Handhabung des Schlichtungsinstrumentariums durch die Tarifparteien und den Staat von besonderem Interesse. Ein zentraler Gegenstand dieses Beitrages ist auch die Darstellung der grundsätzlichen Positionen in der Frage der Gestaltung der industriellen Beziehungen. Dabei stehen zwei Topoi im Mittelpunkt des Interesses: die Vorstellungen von der weiteren Ausgestaltung des Tarifvertragsprinzips und der Schlichtung von Arbeitsstreitigkeiten. Gerade in der Frage der Tarifautonomie sind in den Inflationsjahren Rechtspositionen entwickelt worden, die prägend waren für die Diskussion der Tarifautonomie während der gesamten Phase der Weimarer Republik. Datentabellen in HISTAT: A.1 Entwicklung der Lebenshaltungskosten: Index des Statistischen Reichsamts (1920-1923) A.2 Index der durchschnittlichen Realwochenlöhne je Tarifvertrag (1913-1923) A.3 Realwochen- und Realstundenlohnsätze ungelernter und gelernter Arbeiter (1919-1923) A.4 Streiks und Aussperrungen (1918-1924) A.5 Zahl der Tarifverträge (1918-1929) Quellen: Daten aus der Forschungsliteratur. Statistisches Jahrbuch für das Deutsche Reich, Jg. 1914 – 1933.

In 2023, the usual median hourly rate of a worker's wage in the United States was 19.24 U.S. dollars, a decrease from the previous year. Dollar value is based on 2023 U.S. dollars. In 1979, the median hourly earnings in the U.S. was 17.48 dollars.

Minimum Wages in Chile increased to 529000 CLP/Month in 2025 from 500000 CLP/Month in 2024. This dataset provides the latest reported value for - Chile Minimum Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.