Pay Rises, Purchasing Power Declines of Federal Minimum Wage
| Contemporary Dollar Amount | 2011 Dollar Value | |
|---|---|---|
| 1967 | 1.4 | 8.25 |
| 1979 | 2.9 | 8.38 |
| 1989 | 3.35 | 5.87 |
| 1996 | 4.75 | 6.78 |
| 2007 | 5.85 | 6.35 |
| 2011 | 7.25 | 7.25 |
In US Dollars
Sources:
epi.org
| Contemporary Dollar Amount | 2011 Dollar Value | |
|---|---|---|
| 1967 | 1.4 | 8.25 |
| 1979 | 2.9 | 8.38 |
| 1989 | 3.35 | 5.87 |
| 1996 | 4.75 | 6.78 |
| 2007 | 5.85 | 6.35 |
| 2011 | 7.25 | 7.25 |