According to Kingwood College Library, the Average American family's income dropped to $1,500 during the period 1929 - 1932. It was down 40% from $2,300.
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South Carolina has no state minimum wage. The federal minimum wage applies and is currently at $7.25 an hour as of July 24, 2009.
The minimum wage in 1958 (in the U.S.) was $1.00 per hour.
There was no 2nd Great Depression. Many thought the Great Recession would be a great depression but that was not the case. In reality, the economy was not even close to another great depression. The great depression included such things as wage fixing and pricing fixing by the government, excess public debt from WW1, Smoot-Hawley act, etc. The Great Recession was just a financial breakdown, which is bad, but not a GD.
In 1998 the minimum wage was $5.15. Today the present minimum wage has risen only a little over two dollars since 1998 to $7.25.
wage losses were 40%
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The first federal minimum wage in the United States was established at 25 cents per hour under the Fair Labor Standards Act of 1938. This legislation aimed to ensure a basic standard of living for workers during the Great Depression. The minimum wage has been adjusted numerous times since then to account for inflation and changes in the economy.
In 1970, the minimum wage in Missouri was $1.60 per hour. This was in line with the federal minimum wage, which was also set at $1.60 during that time. Minimum wage rates have changed significantly since then, reflecting inflation and changes in the cost of living.
The minimum wage is $7.25, the same as federal minimum wage.
Depends where you live. Different countries have different minimum wages. Some countries have no minimum wage guidelines. The best way for you to find out is to contact your local, regional or national government department.
there was no minimum wage then:)
what was the minimum wage in the 1920
italy does not have a minimum wage
The minimum wage in the state of Delaware is $7.25 an hour.
In 1930, there was no federally mandated minimum wage in the United States. The Fair Labor Standards Act, which established a national minimum wage, was not enacted until 1938. However, some states and cities had their own minimum wage laws in place during that time, but these varied widely and were not uniformly enforced.
The minimum wage in the state of Idaho is $7.25 an hour, the same as the federal minimum wage. This minimum wage was enacted in 2007.