The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2025, the District of Columbia had the highest minimum wage in the U.S., at 17.5 U.S. dollars per hour. This was followed by Washington, which had 16.66 U.S. dollars per hour as the state minimum wage. Minimum wage workers Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000. Minimum wage jobs Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.
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Graph and download economic data for Federal Minimum Hourly Wage for Nonfarm Workers for the United States (FEDMINNFRWG) from Oct 1938 to Jun 2025 about per hour, minimum wage, nonfarm, workers, hours, federal, wages, and USA.
Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.
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Graph and download economic data for Federal Minimum Hourly Wage for Farm Workers for the United States (FEDMINFRMWG) from Jan 1967 to Jun 2025 about per hour, minimum wage, agriculture, workers, hours, federal, wages, and USA.
In 1979, about 3.99 million workers were paid hourly rates at the official minimum wage. In 2023, about 81,000 workers were paid hourly rates at the prevailing minimum wage. The prevailing Federal minimum wage was 7.25 U.S. dollars per hour in 2023.
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Minimum Wages in the United States remained unchanged at 7.25 USD/Hour in 2025 from 7.25 USD/Hour in 2024. This dataset provides - United States Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Federal Minimum Wage Rate under the Federal Fair Labor Standards Act (STTMINWGFG) from 1968 to 2025 about minimum wage, federal, wages, labor, rate, and USA.
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Key information about United States Monthly Earnings
Worldwide, minimum net monthly wages vary from almost ***** U.S. dollars in Luxembourg to ** dollars in Nigeria as of January 2024. Minimum wages must be seen in relation with price levels in a country. One popular way to measure purchasing power is the Big Mac Index.
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The graph presents the median monthly salary in the United States from 2000 to 2024. The x-axis represents the years, labeled from '00 to '24*, while the y-axis shows the salary amounts in U.S. dollars per month. Throughout this twenty-four-year period, the median monthly salary consistently increased from $2,500 in 2000 to $5,036 in 2024. The data highlights a steady upward trend, with annual salaries rising each year without any declines. Notably, the salary grew by approximately $200 each year from 2000 to 2019, surged to $4,269 in 2020, and continued to climb each subsequent year, reaching $5,000 by 2024. This consistent growth reflects economic advancements and potential increases in workforce compensation over the decade. The information is depicted in a line graph format, effectively illustrating the continuous rise in median monthly salaries across the specified years.
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Wages in the United States increased to 31.24 USD/Hour in June from 31.15 USD/Hour in May of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The minimum wage per day guaranteed by law in Mexico was decreed to increase by approximately 12 percent between 2024 and 2025, reaching 278.8 Mexican pesos in 2025. The Northern Free Zone located near the northern border was the exception, where the minimum daily wage increased to 419.88 Mexican pesos.
Education and income disparity
The income distribution is entirely a new story than minimum wages, in fact, there are many factors that influence the level of salaries for Mexican workers. One of the main differences is by the number of schooling years, someone with more than 18 years of study earns on average double than employees with seven to nine years. Moreover, the area of study, while statistics and finance mean salaries, the highest wages by degree, are above 30,000 Mexican pesos per month, others such as performing arts and theology rank as the lowest paying degrees in Mexico.
Poverty still among the main problems
Despite one of the main reasons for minimum wage increases being moving people out from poverty conditions, poverty continues to be one of the main problems Mexican society faces. The number of people living under poverty conditions has decreased by 8.54 million inhabitants from 2014 to 2022, nonetheless, the figure is still higher than 46.5 million. The poverty rate varies among states, with Chiapas leading the ranking with 67.4 percent of the population under such conditions, while both Baja California and Baja California Sur recorded less than 14 percent.
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Wages in the United States increased 4.72 percent in May 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.
The monthly minimum wage in Russia was set at 22,440 Russian rubles, or around 287 U.S. dollars (based on the exchange rate on July 8, 2025), as of January 1, 2025. Thus, the minimum salary increased by 16.6 percent compared to the previous year.
In 2023, around *** percent of hourly wage workers in Rhode Island earned wages at or below the federal minimum wage. This was the highest share of any U.S. state, followed by the District of Columbia with *** percent of hourly wage workers making minimum wage or less.
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.
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Federal Hourly Minimum Wage data was reported at 7.250 USD/Hour in Apr 2025. This stayed constant from the previous number of 7.250 USD/Hour for Mar 2025. Federal Hourly Minimum Wage data is updated monthly, averaging 3.350 USD/Hour from Oct 1938 (Median) to Apr 2025, with 1039 observations. The data reached an all-time high of 7.250 USD/Hour in Apr 2025 and a record low of 0.250 USD/Hour in Sep 1939. Federal Hourly Minimum Wage data remains active status in CEIC and is reported by Federal Reserve Bank of St. Louis. The data is categorized under Global Database’s United States – Table US.G: Federal Hourly Minimum Wage.
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Graph and download economic data for Employed: Percent of hourly paid workers: Paid total at or below prevailing federal minimum wage: State wage and salary workers: 16 years and over (LEU0204927500A) from 2000 to 2024 about paid, minimum wage, salaries, workers, hours, 16 years +, federal, wages, percent, employment, and USA.
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United States - Employed: Paid at prevailing federal minimum wage: State wage and salary workers: 16 years and over was 3.00000 Thous. of Persons in January of 2024, according to the United States Federal Reserve. Historically, United States - Employed: Paid at prevailing federal minimum wage: State wage and salary workers: 16 years and over reached a record high of 44.00000 in January of 2010 and a record low of 1.00000 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employed: Paid at prevailing federal minimum wage: State wage and salary workers: 16 years and over - last updated from the United States Federal Reserve on July of 2025.
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United States - Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Less than a High School Diploma was 1.60000 % of Total Paid Hourly Rate in January of 2023, according to the United States Federal Reserve. Historically, United States - Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Less than a High School Diploma reached a record high of 13.20000 in January of 2010 and a record low of 1.30000 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Less than a High School Diploma - last updated from the United States Federal Reserve on July of 2025.
The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2025, the District of Columbia had the highest minimum wage in the U.S., at 17.5 U.S. dollars per hour. This was followed by Washington, which had 16.66 U.S. dollars per hour as the state minimum wage. Minimum wage workers Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000. Minimum wage jobs Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.