By: Rakeem Blackburn

Key Terms:

Minimum Wage

Living Wage

• Current minimum wage is $7.25 per hour

• Equates to about $15,000 per year

President Roosevelt’s Fair Labor Standards Act of 1938

According to the United States Department of Labor

It banned oppressive child labor

Set the minimum hourly wage to 25 cents

Set the maximum workweek at 44 hour

The original 25 cents was unadjusted for inflation

Key Minimum Wage’s in the last 5 decades

1960- $1.00

1970- $1.60

1980- $3.10

1990- $3.80

2000- $5.15

2010- $7.25

Obama's campaign to boost the wage floor to $9/hr

NY approved 3 year increase to $9/ hr State of the Union 2013