Living on Minimum Wage Is Getting Harder [GRAPH]

PHOTO: Fast food workers and their supporters picket outside a Burger King restaurant in Los Angeles on August 29, 2013.

Robyn Beck/AFP/Getty Images

It’s more difficult for U.S. workers who earn minimum wage to make a living than it was nearly five decades ago.

The nominal value of the federal minimum wage has risen from $1.60 in 1968 to $7.25 today. But real value of that wage, adjusted for inflation, has dropped by 26 percent over that span. The value peaked in 1968 at $10.70, but is now $7.90.

Here’s a chart illustrating how the minimum wage has changed over the past 50 years.

Don't miss out on any of Fusion's highlights -- get Fusion today.

Viewing America’s population through the lens of diversity, we will cover the social, cultural and political impact of various racial and ethnic groups in this country.

comments powered by Disqus

Immigration Reform

Facing Deportation After a Wage Complaint

Antonio Vanegas Spoke Out Against His Employer for Wage Abuses