Federal Minimum Wage
$7.25
· Jan 2026
econ
scout
1969-70 Recession · Dec 1969 – Nov 1970
1973-75 Recession · Nov 1973 – Mar 1975
1980 Recession · Jan 1980 – Jul 1980
1981-82 Recession · Jul 1981 – Nov 1982
1990-91 Recession · Jul 1990 – Mar 1991
2001 Recession · Mar 2001 – Nov 2001
Global Financial Crisis · Dec 2007 – Jun 2009
COVID-19 Recession · Feb 2020 – Apr 2020
$2
$3
$4
$5
$6
$7
1970
1980
1990
2000
2010
2020
$7.25
Source: FRED · STTMINWGFG · econscout.com