Question 1

What is Federal Minimum Wage Rate under the Federal Fair Labor Standards Act?

Accepted Answer

For the years 1968-1971 and 1976-1978, the displayed wage represents the largest minimum wage paid. Some individuals newly covered under state law received a lower wage.

For more information, visit https://www.dol.gov/whd/state/stateMinWageHis.htm

Question 2

Where does Federal Minimum Wage Rate under the Federal Fair Labor Standards Act data come from?

Accepted Answer

This dataset is sourced from FRED (FRED), a trusted provider of economic and financial data. DataSetIQ aggregates and standardizes this data for easy access and analysis.

Question 3

How often is Federal Minimum Wage Rate under the Federal Fair Labor Standards Act updated?

Accepted Answer

This dataset is updated on a a basis by FRED. DataSetIQ syncs the latest data regularly to ensure you have access to the most current information.

Question 4

What time period does Federal Minimum Wage Rate under the Federal Fair Labor Standards Act cover?

Accepted Answer

This dataset covers the period from 1968 to 2026. The temporal coverage allows for historical analysis and trend identification over 58 years of data.

Question 5

What units is Federal Minimum Wage Rate under the Federal Fair Labor Standards Act measured in?

Accepted Answer

The data in this dataset is measured in $ per Hour. Understanding the measurement units is important for accurate interpretation and comparison with other datasets.

Question 6

What is the data quality score for Federal Minimum Wage Rate under the Federal Fair Labor Standards Act?

Accepted Answer

Federal Minimum Wage Rate under the Federal Fair Labor Standards Act has a DataSetIQ score of 100/100. This score measures data quality based on completeness, timeliness, consistency, and coverage metrics.

Federal Minimum Wage Rate under the Federal Fair Labor Standards Act

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