Federal Reserve Economic Data: Your trusted data source since 1991

Federal Minimum Wage Rate under the Federal Fair Labor Standards Act (STTMINWGFG)

Observation:

2024: 7.25 (+ more)   Updated: Mar 29, 2024 1:29 PM CDT
2024:  7.25  
2023:  7.25  
2022:  7.25  
2021:  7.25  
2020:  7.25  
View All

Units:

Dollars per Hour,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Department of Labor  

Release: Minimum Wage Rate by State  

Units:  Dollars per Hour, Not Seasonally Adjusted

Frequency:  Annual

Notes:

For the years 1968-1971 and 1976-1978, the displayed wage represents the largest minimum wage paid. Some individuals newly covered under state law received a lower wage.

For more information, visit https://www.dol.gov/whd/state/stateMinWageHis.htm

Suggested Citation:

U.S. Department of Labor, Federal Minimum Wage Rate under the Federal Fair Labor Standards Act [STTMINWGFG], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/STTMINWGFG, .

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