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 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.

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.

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.

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

In 2021, the minimum wage in the United States would be ***** U.S. dollars an hour if it grew with productivity. However, the current federal minimum wage in the United States **** U.S. dollars an hour and has remained unchanged since 2009.

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.

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.

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.

This web map, used in The Ever-Changing Minimum Wage Story Map Journal, comprises a selection of feature layers that provide an overview of minimum wages and policies for the 50 U.S. states, District of Columbia, and 36 other localities (counties, cities). Essential data points include minimum wages effective in 2018, historical state minimum wages from 1968 through 2017 (adjusted for inflation to 2017 dollars), comparative data with state living wages (2016 update), and benchmarks for future minimum wages where available. This data was digitized and compiled from the U.S. Department of Labor, the National Conference on State Legislatures, the U.C. Berkeley Labor Center, and MIT's Living Wage Calculator.The styling for this web map uses the composite geographies layout with a dark gray background. Composite geographies are a customized solution created by Esri's David Asbury in order to position Alaska and Hawaii adjacent to the contiguous United States within a Web Mercator projection web map. The dark theme is achieved with a dark gray feature layer that serves as a background to mask out the default background. For more information about using composite geographies, read this blog.

Background: This study investigates the influence of regional minimum wages (RMW), gross domestic product (GDP), and inflation on Indonesia's unemployment rates from 2012 to 2020. Methods: Multiple linear regression analysis examines the relationships between these economic variables. Findings: The findings reveal that RMW significantly negatively affects unemployment rates, indicating that a 1% increase in the minimum wage leads to a 3.951% decrease in unemployment, ceteris paribus. GDP also exhibits a significant negative influence, aligning with Okun's law, which suggests an inverse relationship between economic growth and unemployment. In contrast, inflation does not significantly impact unemployment rates during the studied period. Collectively, the three variables positively and significantly affect Indonesia's unemployment rate, with an adjusted R-squared value of 0.749. This implies that 74.9% of the variation in unemployment can be explained by GDP, inflation, and minimum wages, while other factors account for the remaining 25.1%. Conclusion: The study highlights the complex interplay between these macroeconomic indicators and unemployment, providing insights for policymakers to develop effective strategies for managing employment challenges in Indonesia. Novelty/Originality of this article: This empirical analysis reveals the dynamic relationship between RMW, GDP, inflation, and unemployment in Indonesia (2012—2020). The findings provide an evidence-based basis for formulating more effective and responsive employment and economic policies for Indonesia's labour market conditions.

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.

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.

Graph and download economic data for State Minimum Wage Rate for Virginia (STTMINWGVA) from 1976 to 2025 about minimum wage, VA, wages, 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.

Wages in Italy increased 3.40 percent in April 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 monthly net minimum wage in Turkey doubled in 2024 compared to the amount in 2023, reaching ****** Turkish lira. This equaled approximately *** euros according to the exchange rate on April 29, 2024. Labor market dynamics: increasing participation rate The increase in Turkey's monthly net minimum wage aligns with the country's labor force participation rate, which reached a peak of ***** percent in 2022. Furthermore, in 2023, the country experienced a notable decrease in the youth unemployment rate, recording one of the lowest figures in the past twenty years. This surge in labor participation and youth employment indicates a growing pool of economically active individuals, potentially influenced by the substantial rise in the minimum wage. Shifts in sectoral employment Turkey underwent a significant transformation in sectoral employment over the last decade. From 2014 to 2023, both the agricultural and the construction sector experienced a constant decline in employment figures. Meanwhile, the service sector reached a peak level of employment as of 2023. That year, the service sector occupied the highest share of total employment, accounting for nearly ** percent. This reflects the ongoing structural changes in the Turkish economy, where the service sector has emerged as the largest employer.

Prior research has found that places and people that are more economically disadvantaged have higher rates and risks, respectively, of sexually transmitted infections (STIs). Economic disadvantages at the level of places and people, however, are themselves influenced by economic policies. To enhance the policy relevance of STI research, we explore, for the first time, the relationship between state-level minimum wage policies and STI rates among women in a cohort of 66 large metropolitan statistical areas (MSAs) in the US spanning 2003–2015. Our annual state-level minimum wage measure was adjusted for inflation and cost of living. STI outcomes (rates of primary and secondary syphilis, gonorrhea and chlamydia per 100,000 women) were obtained from the CDC. We used multivariable hierarchical linear models to test the hypothesis that higher minimum wages would be associated with lower STI rates. We preliminarily explored possible socioeconomic mediators of the minimum wage/STI relationship (e.g., MSA-level rates of poverty, employment, and incarceration). We found that a $1 increase in the price-adjusted minimum wage over time was associated with a 19.7% decrease in syphilis rates among women and with an 8.5% drop in gonorrhea rates among women. The association between minimum wage and chlamydia rates did not meet our cutpoint for substantive significance. Preliminary mediation analyses suggest that MSA-level employment among women may mediate the relationship between minimum wage and gonorrhea. Consistent with an emerging body of research on minimum wage and health, our findings suggest that increasing the minimum wage may have a protective effect on STI rates among women. If other studies support this finding, public health strategies to reduce STIs among women should include advocating for a higher minimum wage.

Minimum Wages in Germany increased to 12.82 EUR/Hour in 2025 from 12.41 EUR/Hour in 2024. This dataset provides - Germany Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Moldova had the highest net minimum monthly wage in the Commonwealth of Independent States (CIS) as of the beginning of 2024, at 222 euros. The minimum wage in Azerbaijan ranked second, measuring at 173 euros, closely followed by Russia. The lowest figure was recorded in Uzbekistan, where the minimum wage was just enough to cover basic food expenses. Why does the minimum wage get adjusted? The main idea behind the minimum wage is to improve the living standards of workers, particularly those in low-paid occupations. Furthermore, it strives to reduce the gender pay gap, promote workers’ effort, reduce the number of people in welfare programs, and increase consumption. Due to inflation and rising prices, governments occasionally review the minimum salary to maintain the purchasing power of their citizens. For example, Kazakhstan had one of the highest inflation rates in the CIS region in 2023, at around 15 percent. Consecutively, the minimum wage in the country increased by approximately 21 percent in that year. Is everyone guaranteed the minimum wage? Despite labor law protections in place, holding a job in an unregistered enterprise or working a non-declared job in a registered enterprise allows employees to circumvent minimum wage regulations. For instance, in Russia, employment in the informal sector made up less than a fifth of the total in 2022. The share of those working in industries unregulated by the state increased from the previous year due to the coronavirus (COVID-19) pandemic. In April 2021, over a fifth of surveyed Russians admitted to working reduced hours, being furloughed, or becoming unemployed, which made the gray economy sector the only viable option for thousands.