13 Years Since The Last Federal Minimum Wage Increase
By: Cadrene Heslop – July 26, 2022
Last Sunday was the anniversary of the most recent minimum wage increase.
Thus, it has been 13 years since the federal minimum wage moved. This period is the longest in history without a raise. The federal minimum wage was at its peak purchasing power in 1968. The amount paid in 1968 would be worth $13.86 in 2022. (Read more)