Chart 4

Preliminary, not final.The Fed OT salary threshold relative to minimum wage, 1949–2016

Dates Federal OT salary threshold / Federal minimum wage* line
3
1949 6.25
1958 3.13
1963 3.00
1970 3.13
1975 2.98
2004 2.21
2016 3.15 3
3
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Notes:

Years provided are years in which the federal OT salary threshold was updated.

*Annual earnings for full time full year workers earning the federal minimum wage

**Annual earnings for full time full year workers earning the Washington state minimum wage

For years 1949, 1958, 1963 & 1970, data is unavailable for WA minimum wage

 

EPI analysis of Social Security Administration National Wage Index data; Office of Financial Management data; Table 1 in Social Security Bulletin, November 1949; Fair Labor Standards Act and Amendments;Wage and Hour Division,81 Fed. Reg. 32449-32450 (May 23, 2018);;Washington State Department of Labor and Industries;  and Bureau of Labor Statistics Employment and Earnings data

 

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