Site Map Icon
RSS Feed icon
 
 
 

Today in Labor History
Aug. 30, 1935: President Franklin Roosevelt's Wealth Tax Act increases taxes on rich citizens and big business, lowers taxes for small businesses.
Member Login
Username:

Password:


Not registered yet?
Click Here to sign-up

Forgot Your Login?
  Member Resources  
     
UnionActive Newswire
 
Join the Newswire!
Updated: Aug. 30 (16:43)

Rest in Peace: Brother Jorge Santiago
Teamsters Local 814
JC 25 Womens Committee Health Fair
Teamsters Local Union No. 142
3rd Qtr Surplus
Communications Workers of America Local 1120
Why Can't Our Economy Promote Equality and Shared Prosperity?
Teamsters local 570
LABOR DAY PARADE & PICNIC
Teamsters Local 264
AMFA - SWA Technician Negotiations Update #45
AMFA
 
     
Minimum wage: Who Decided Workers Should Fall Behind?
Posted On: Feb 25, 2013

Feb. 25, 2013 | The federal minimum wage was first put in place in 1938. From that year until 1968 when its value peaked, the purchasing power of the minimum wage increased by more than 140%. As a result, minimum wage workers saw a sharp increase in their living standards. Over this 30-year period, low wage workers shared in the gains of the economy as a whole as the minimum wage rose in step with productivity growth. If workers at the bottom had continued to share in the economy's growth in the years since 1968 as they had in the three decades before 1968, we would be looking at a very different economy and society. Read the full story here.


 
 
Teamsters local 570
Copyright © 2016, All Rights Reserved.
Powered By UnionActive™

484877 hits since May 20, 2010
Visit Unions-America.com!

Top of Page image