Figure D
Nominal and real federal subminimum wage, 1960–2013
| Year | Nominal | Real (2013 dollars) |
|---|---|---|
| 1960 | $0.50 | $3.4608 |
| 1961 | $0.58 | $3.9745 |
| 1962 | $0.58 | $3.9353 |
| 1963 | $0.63 | $4.2163 |
| 1964 | $0.63 | $4.1597 |
| 1965 | $0.63 | $4.0968 |
| 1966 | $0.63 | $3.9838 |
| 1967 | $0.70 | $4.2923 |
| 1968 | $0.80 | $4.7204 |
| 1969 | $0.80 | $4.5189 |
| 1970 | $0.80 | $4.3067 |
| 1971 | $0.80 | $4.1259 |
| 1972 | $0.80 | $4.0058 |
| 1973 | $0.80 | $3.7699 |
| 1974 | $1.00 | $4.2839 |
| 1975 | $1.05 | $4.1565 |
| 1976 | $1.15 | $4.3047 |
| 1977 | $1.15 | $4.0491 |
| 1978 | $1.33 | $4.3824 |
| 1979 | $1.60 | $4.8112 |
| 1980 | $1.86 | $5.0341 |
| 1981 | $2.01 | $4.9672 |
| 1982 | $2.01 | $4.6846 |
| 1983 | $2.01 | $4.4928 |
| 1984 | $2.01 | $4.3161 |
| 1985 | $2.01 | $4.1728 |
| 1986 | $2.01 | $4.0986 |
| 1987 | $2.01 | $3.9647 |
| 1988 | $2.01 | $3.8243 |
| 1989 | $2.01 | $3.6662 |
| 1990 | $2.09 | $3.6311 |
| 1991 | $2.13 | $3.5725 |
| 1992 | $2.13 | $3.4842 |
| 1993 | $2.13 | $3.4001 |
| 1994 | $2.13 | $3.3290 |
| 1995 | $2.13 | $3.2508 |
| 1996 | $2.13 | $3.1665 |
| 1997 | $2.13 | $3.0995 |
| 1998 | $2.13 | $3.0568 |
| 1999 | $2.13 | $2.9944 |
| 2000 | $2.13 | $2.8973 |
| 2001 | $2.13 | $2.8182 |
| 2002 | $2.13 | $2.7734 |
| 2003 | $2.13 | $2.7128 |
| 2004 | $2.13 | $2.6414 |
| 2005 | $2.13 | $2.5557 |
| 2006 | $2.13 | $2.4746 |
| 2007 | $2.13 | $2.4063 |
| 2008 | $2.13 | $2.3173 |
| 2009 | $2.13 | $2.3261 |
| 2010 | $2.13 | $2.2883 |
| 2011 | $2.13 | $2.2181 |
| 2012 | $2.13 | $2.1732 |
| 2013 | $2.13 | $2.1300 |
Note: Real values are as of December 31 of each year, in 2013 dollars adjusted using the CPI-U-RS.
Source: Authors’ analysis of Fair Labor Standards Act and amendments
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