Report | Wages, Incomes, and Wealth

Nine Years of Neglect: Federal Minimum Wage Remains Unchanged for Ninth Straight Year, Falls to Lowest Level in More than Half a Century

Issue Brief #227

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The federal minimum wage has remained at $5.15 an hour since September 1, 1997. So as of September 1, 2006, the minimum wage will have remained the same for nine years, while the costs of medical care, gasoline, and other necessities have grown considerably. Further, the minimum wage has fallen exceptionally far below the wages of other workers, including the nation’s CEOs.

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