Real Purchasing Power of the Minimum Wage, by Year
"After 1968, the minimum wage lost ground to inflation. By 2000, at $5.35 an hour, the minimum wage was worth less than it had been at any time since the late 1950s."—p. 119, Century of Difference
"After 1968, the minimum wage lost ground to inflation. By 2000, at $5.35 an hour, the minimum wage was worth less than it had been at any time since the late 1950s."—p. 119, Century of Difference