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""Do not let any calamity-howling executive with an income of $1,000 a day, ...tell you...that a wage of $11 a week is going to have a disastrous effect on all American industry.""
- President Roosevelt
First Federal Minimum Wage was 25 cents and hour, and was to eliminate child labor and exploitation.
" I wish you could do something to help us girls....We have been working in a sewing factory,... and up to a few months ago we were getting our minimum pay of $11 a week... Today the 200 of us girls have been cut down to $4 and $5 and $6 a week.
To a reporter's question, the President replied, "Something has to be done about the elimination of child labor and long hours and starvation wages." "
U.S. Department of Labor -- History -- Fair Labor Standards Act of 1938
"The minimum wage of $1.60 an hour in 1968 would be $10.90 today when adjusted for inflation"
Amount With Inflation Raise The Minimum Wage
"The minimum wage should have reached $21.72 an hour in 2012 if it kept up with increases in worker productivity, according to a March study by the Center for Economic and Policy Research. While advancements in technology have increased the amount of goods and services that can be produced in a set amount of time, wages have remained relatively flat, the study points out."
Minimum Wage Would Be 21.72 If It Kept Pace With Increases In Productivity Study
- President Roosevelt
First Federal Minimum Wage was 25 cents and hour, and was to eliminate child labor and exploitation.
" I wish you could do something to help us girls....We have been working in a sewing factory,... and up to a few months ago we were getting our minimum pay of $11 a week... Today the 200 of us girls have been cut down to $4 and $5 and $6 a week.
To a reporter's question, the President replied, "Something has to be done about the elimination of child labor and long hours and starvation wages." "
U.S. Department of Labor -- History -- Fair Labor Standards Act of 1938
"The minimum wage of $1.60 an hour in 1968 would be $10.90 today when adjusted for inflation"
Amount With Inflation Raise The Minimum Wage
"The minimum wage should have reached $21.72 an hour in 2012 if it kept up with increases in worker productivity, according to a March study by the Center for Economic and Policy Research. While advancements in technology have increased the amount of goods and services that can be produced in a set amount of time, wages have remained relatively flat, the study points out."
Minimum Wage Would Be 21.72 If It Kept Pace With Increases In Productivity Study