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» The Letterville BullBoard » Old Archives » "living wage".. minimum wage and other stuff

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Author Topic: "living wage".. minimum wage and other stuff
Mike Pipes
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Member # 1573

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We got into a discussion here at the office this morning about minimum wages.. had some old timers complaining about makin $1.75 an hour back in '68.. turns out their wages equated to over $2/hr MORE than the current minimum wage! By the way, the current minimum wage in the US is $5.15/hr.

Check out this chart I found with the comparisons.. listed by year with the min. wage at that time and the value of that wage in current dollars.

http://www.dol.gov/dol/esa/public/minwage/chart2.htm

There's a link to the Bureau of Labor statistics site at the bottom of that chart which has more info like wage comparisons across the US listed by Industry type and even employment costs.

--------------------
"If I share all my wisdom I won't have any left for myself."

Mike Pipes
stickerpimp.com
Lake Havasu, AZ
mike@stickerpimp.com


Posts: 8746 | From: Lake Havasu, AZ USA | Registered: Jun 2000  |  IP: Logged | Report this post to a Moderator
Randy W. Robarge
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Member # 2022

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I thought the minimum wage went up to around $5.65 a while back?

I hope I didn't give myself a raise for nothing

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Randy
Graphic Details
Promotional Merchandise Distributor
South Glens Falls, NY


Posts: 381 | From: South Glens Falls, NY USA | Registered: Mar 2001  |  IP: Logged | Report this post to a Moderator
Mike Pipes
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Member # 1573

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Randy, according to the employment laws posted in this office (I'm contracting engineering services in-house to an ex-employer) the min. wage is still $5.15.. Maybe it's old info.. those papers get updated once a year I believe, in September, which might explain any delay in getting updated info with recent events.

--------------------
"If I share all my wisdom I won't have any left for myself."

Mike Pipes
stickerpimp.com
Lake Havasu, AZ
mike@stickerpimp.com

Posts: 8746 | From: Lake Havasu, AZ USA | Registered: Jun 2000  |  IP: Logged | Report this post to a Moderator
Robert Thomas
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Member # 1356

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It looks like 1968 was a good year to be working for minimum wage.
Actually, I remember working for $1.60 hr. in the 70s. $64.00 before taxes, and still had money to burn.

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Rob Thomas
3410 Ketcham Ct
Beautiful Springs FL 34134

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John Lennig
Resident


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Seems like the "trade" hourly wage up here has keet up with the brice of Beer. That's 5% factory beer. If you're doin' good, you're up with the excellent microbrews. My scientific testing of micros in Wash. state shows MASSIVE HOPS AND AWESOME TAPS!

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John Lennig / Big Top Sign Arts
5668 Ewart Street, Burnaby,
British Columbia, Canada
bigtopya@hotmail.com
604.451.0006

Posts: 2184 | From: Burnaby, British Columbia,Canada | Registered: Nov 2001  |  IP: Logged | Report this post to a Moderator
   

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