Buying Power Of Minimum Wage -

: The federal minimum wage reached its historical peak in purchasing power in 1968.

: To match the 1968 standard today, the minimum wage would need to be between $12 and $14.81 per hour . buying power of minimum wage

: If the minimum wage had kept pace with worker productivity growth, it would be closer to $17 per hour . Economic & Social Impact Review : The federal minimum wage reached its historical