U.S. Minimum Wage Salary
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A U.S. Minimum Wage Salary is a Minimum Wage Salary based on a U.S. Minimum Wage Law.
- Context:
- Its changes/increase appear not to have affected U.S. per Capita GDP.
- …
- Counter-Example(s):
- See: U.S. Food Stamp Program, U.S. Poverty Rate.
References
2013
- (Linder, 2013) ⇒ Marc Linder. (2013). “The minimum wage as industrial policy: A forgotten role.” In: Journal of Legislation, 16.
Year Annual Percent Change in Real GDP Per Capita Percent Change in Real Minimum Wage 1930 0.90412 1931 0.92794 1932 0.86376 1933 0.98124 1934 1.10185 1935 1.08133 1936 1.12344 1937 1.04498 1938 0.95819 1939 1.07205 1.2 1940 1.07746 1941 1.15954 1942 1.17167 1943 1.14772 1944 1.06784 1945 0.97797 1.333333333 1946 0.88139 1947 0.97219 1948 1.02617 1949 0.97777 1950 1.06539 1.875 1951 1.05926 1952 1.02067 1953 1.02885 1954 0.97637 1955 1.05323 1956 1.00183 1.333333333 1957 1.00182 1958 0.97458 1959 1.05395 1960 1.00866 1961 1.00647 1.15 1962 1.04442 1963 1.02880 1.086956522 1964 1.04327 1965 1.05098 1966 1.05295 1967 1.01417 1.12 1968 1.03799 1.142857143 1969 1.02104 1970 0.99030 1971 1.02058 1972 1.04192 1973 1.04788 1974 0.98544 1.25 1975 0.98810 1.05 1976 1.04367 1.095238095 1977 1.03551 1978 1.04465 1.152173913 1979 1.01993 1.094339623 1980 0.98773 1.068965517 1981 1.01537 1.080645161 1982 0.97127 1983 1.03567 1984 1.06263 1985 1.03219 1986 1.02513 1987 1.02281 1988 1.03170 1989 1.02599 1990 1.00797 1.134328358 1991 0.98702 1.118421053 1992 1.02227 1993 1.01754 1994 1.03056 1995 1.01549 1996 1.02791 1.117647059 1997 1.03460 1.084210526 1998 1.03403 1999 1.03888 2000 1.00642 2001 1.00084 2002 1.00873 2003 1.01663 2004 1.02515 2005 1.02125 2006 1.01673 2007 1.00948 1.13592233 2008 0.98725 1.11965812 2009 0.96085 1.106870229 2010 1.01538 2011 1.01075 2012 1.01455