The Minimum Wage Law
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... Minimum Wage Law
The federal minimum wage law was introduced in the year 1938. The US was in grave economic jeopardy, on account of the Great Depression, which lasted from 1929 to the early 1940’s. The enactment of the federal minimum wage law provided an appreciable measure of relief to employees, who were now assured of at least 25cents an hour with a 44 hour weekly work ceiling. This act clearly stated that the wages paid to an employee were to be adequate to ensure a standard of living that was essential for general well – being, efficiency and health. However, such minimum wages were not to bring about any appreciable reduction in employment. 1
From the period, there have been sev...