Here's what the federal minimum was the year you were born and how much its true value actually was. Though it was $1.60 an hour, today, that's the equivalent of more than $12 an hour. When adjusted for inflation, the "best" the minimum wage has ever been was in 1968. This is clear when you adjust the minimum wage each year to February 2021 dollars using the Consumer Price Index. That means that although wages were generally higher, workers were able to afford less when paid at that rate. Though the minimum wage has been raised more than 20 times over the decades, it has not kept pace with inflation and the cost of living in many places across the U.S.
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Jack The Ripper Perhaps the most infamous un-captured serial killer of all time, Jack the Rippers story still haunts the backstreets of Whitechapel, England to this day. Despite these intentions, the minimum wage has not guaranteed a living wage for workers for most of its existence. Here are 29 gruesome murders which have never been solved.
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The federal minimum wage was intended to establish "the wages of decent living" for workers across industries, according to President Franklin D. While the term serial killer usually conjures up images of people like Ted Bundy, John Wayne Gacy. At any one time, it’s believed that there are around 25-50 active serial killers lurking in the dark corners of the USA, stalking the streets and highways for their next potential victim. However, for states where the federal minimum wage applies, workers are experiencing the longest period in history without an increase in the federal minimum wage. 9 Currently Active Serial Killers: Unsolved Cases in 2022. Cities and states have the option to set their own minimum wages, and currently, 29 states and Washington, D.C., have minimum wages above the current federal rate of $7.25 per hour. Adjusted for inflation, however, that would only be worth $4.63 an hour today. In 1938, the first federal minimum wage was established at $0.25 an hour across the country.