Chart 2
Preliminary, not final.The federal OT salary threshold relative to average wages, 1949–2016
Dates | Federal OT salary threshold / US average wage |
---|---|
1949 | 3.16 |
1958 | 1.77 |
1963 | 1.77 |
1970 | 1.68 |
1975 | 1.51 |
2004 | 0.66 |
2016 | 0.98 |
Notes: Years provided are years in which the federal OT salary threshold was updated.
Sources: EPI analysis of Social Security Administration National Wage Index data; Employment and Payrolls in Washington State data; Office of Financial Management data;Employment and Payrolls in Washington State data; Table 1 in Social Security Bulletin, November 1949; Wage and Hour Division,81 Fed. Reg. 32449-32450 (May 23, 2018): and Bureau of Labor Statistics Employment and Earnings data
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