1949: Congress raises the federal minimum wage to 75 cents, the first of numerous increases enacted over the next six decades.
1961: Congress amends the FLSA to cover more workers, but also allows retail and service businesses to hire full time students at wages of 15 percent below the minimum, according to the U.S. Department of Labor’s history of changes to the law.
1963: President Kennedy signed into law the Equal Pay Act, which amended the Fair Labor Standards Act to specify that workers covered by the federal minimum wage requirement were also entitled to equal pay for the same job, regardless of gender. The Associated Press reports that eight million women are among the 27 million U.S. workers covered.
1968: The federal minimum wage peaks in purchasing power at $1.60 per hour, the equivalent of $11.53 in 2019 dollars. With the minimum wage was higher relative to living costs, Luce says, “Poverty of that period tended to be more of an issue of unemployment, rather than low-wage working poverty.” After 1968, the minimum wage doesn’t keep up with rising inflation.
1974: Congress again broadens the minimum wage law to cover all non-supervisory government workers.
1989: Congress changes FLSA so that it applies only to businesses that produce at least $500,000 in revenue, but also mandates that smaller retail businesses are subject to the law as well during any work week in which they either engage in interstate commerce or make goods that will be sold in other states.
2009: Thanks to legislation passed two years earlier, the federal minimum wage rises to $7.25.
States, Fed Raise Minimum Wage
2021: A bid to advance an increase the federal minimum wage to $15 an hour by 2025 is rejected by the Senate.
2022: Federal agencies raise the minimum wage to $15 for workers in accordance with an executive order by President Joe Biden.
2024: By this year, 30 states plus the District of Columbia, Guam, Puerto Rico, and the Virgin Islands, have set minimum wages above the federal level.