Archive

Minimum Wage

In 1909, Winston Churchill said that no one "should receive less than a living wage in return for the utmost exertion." On October 24, 1938, President Roosevelt signed the Fair Labor Standards Act establishing a $0.25 per hour minimum wage.

Volume: 22 - Number: 1

Leading Index Title:

Special Topic Title: Economic Timeline

Authors:

  • Dick Conway
  • Doug Pedersen