What is the history of minimum wage increases in the U.S.?
An example of an AI chatbot conversation about the history of minimum wage increases in the U.S.
What is the history of minimum wage increases in the U.S.?
The minimum wage in the U.S. was first established in 1938 under the Fair Labor Standards Act. It started at $0.25 per hour.
How many times has the minimum wage been increased since then?
The federal minimum wage has been increased 22 times since its inception, with the most recent increase occurring in 2009.
What were some significant changes in the minimum wage over the years?
Significant changes include the increase to $1.60 in 1968, which was the highest inflation-adjusted value, and the introduction of state-level minimum wages.
Are there any current movements to increase the minimum wage?
Yes, there are ongoing movements advocating for a $15 federal minimum wage, with several states and cities already implementing higher rates.
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