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.

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.

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 the United Kingdom increased to 12.21 GBP/Hour in 2025 from 11.44 GBP/Hour in 2024. This dataset provides - United Kingdom Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

State Minimum Wage Rate for California was 16.50000 $ per Hour in January of 2025, according to the United States Federal Reserve. Historically, State Minimum Wage Rate for California reached a record high of 16.50000 in January of 2025 and a record low of 1.65000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for State Minimum Wage Rate for California - last updated from the United States Federal Reserve on September of 2025.

Minimum Wages in Brazil remained unchanged at 1518 BRL/Month in August. This dataset provides - Brazil Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

State Minimum Wage Rate for Texas was 7.25000 $ per Hour in January of 2025, according to the United States Federal Reserve. Historically, State Minimum Wage Rate for Texas reached a record high of 7.25000 in January of 2010 and a record low of 1.40000 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for State Minimum Wage Rate for Texas - last updated from the United States Federal Reserve on September of 2025.

Minimum Wages in Japan increased to 1054 JPY/Hour in 2024 from 1002 JPY/Hour in 2023. This dataset provides - Japan Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Minimum Wages in Croatia remained unchanged at 970 EUR/Month in the fourth quarter of 2025 from 970 EUR/Month in the second quarter of 2025. This dataset provides - Croatia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

State Minimum Wage Rate for New Jersey was 15.49000 $ per Hour in January of 2025, according to the United States Federal Reserve. Historically, State Minimum Wage Rate for New Jersey reached a record high of 15.49000 in January of 2025 and a record low of 1.40000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for State Minimum Wage Rate for New Jersey - last updated from the United States Federal Reserve on September of 2025.

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.

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.

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, hours, workers, nonfarm, federal, wages, and USA.

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

Wages in the United States increased 5.35 percent in July 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.

State Minimum Wage Rate for Ohio was 10.70000 $ per Hour in January of 2025, according to the United States Federal Reserve. Historically, State Minimum Wage Rate for Ohio reached a record high of 10.70000 in January of 2025 and a record low of 1.25000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for State Minimum Wage Rate for Ohio - last updated from the United States Federal Reserve on September of 2025.

Minimum Wages in Vietnam remained unchanged at 4960 VND Thousand/Month in 2025 from 4960 VND Thousand/Month in 2024. This dataset provides - Vietnam Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.