What was the minimum wage in 2006?

Answer According to the U.S. Bureau of Labor Statistics, the federal minimum wage in 2006 was $5.15 per hour. This was the minimum wage lasted until July 24, 2007, when it rose to $5.85 per hour.Source:Bu... Read More »

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What year did the federal minimum wage go into effect&how much was the minimum wage?

The United States has not always had a minimum-wage law. The federally mandated minimum-wage law began in 1938. It was enacted by the Franklin D. Roosevelt administration. At the time, the federall... Read More »

Living Wage Vs. Minimum Wage?

Many U.S. cities have adopted popular but controversial living wage ordinances which require certain companies and industries who receive government contracts or tax incentives to pay wages that ar... Read More »

What does minimum wage mean?

Minimum wage is the least amount an employer may pay an employee for one hour of work. The federal government sets a minimum wage for the U.S. Some states have enacted their own minimum wages law... Read More »

Why is there a minimum wage?