| Effective Date New Minimum Wage Old Minimum Wage | 1920 $0.33 $0.28 | 1919 $0.28 $0.21 | 1918 $0.21 $0.16 | 1916 $0.16 – |
|---|
What was the average wage in 1918?
According to the Bureau of Labor Statistics, the average household earned
$1,518 in 1918
, which is the equivalent of $21,644 in 2008 dollars (the second most expensive year for gas dating back to 1918).
What was minimum wage in 1914?
On January 5, 1914, automaker Henry Ford made history by instituting
a $5-a-day wage
. The move made national news. Five dollars a day constituted double the industry norm—and double the pay of most of Ford’s own employees.
What was the minimum wage in 1918 in Canada?
| Hourly minimum pay for adults | Province Wage | Alberta $8.40 (as of April 2008) | Source: Statistics Canada |
|---|
What was the average wage in 1919?
United States Bureau of Labor Statistics. Bulletin No. 265. cents, or average actual weekly earnings of
$13.55
.
How much did a house cost in 1915?
1915. Today, the median home value in the U.S. is $177,600, according to the Zillow Home Value Index. In 1915, purchasing a house would have typically set you
back $3,200
, according to Census records. You were also taking more of a risk in buying a home then than you are today.
How much did a house cost in 1912?
A gallon of gas cost seven cents, and a loaf of bread five cents; a medium-priced home was
$2,750
.
How much did Ford pay his workers in 1914?
In 1914, Henry Ford took the radical step of paying workers
$5 per day
for a 40-hour work week; he called this compensation “profit-sharing.” Ford’s turnover problem disappeared. In addition, Ford workers could buy the cars they produced, benefitting the company.
What was a good salary in 1920?
As we review these costs, don’t forget that the average household income in the United States in 1920 was
approximately $3,269.40
–that’s about $42,142.08 today, with inflation–so keep that in mind as we travel back 100 years and do a little window shopping.
How much did rent cost in 1900?
How much did rent cost in 1900? Housing took most of a workers money in a city. A 2 or 3 room apartment with a coal stove in a tenement could rent from
$4-7 per month to $8-10 per month
.
What was minimum wage in 2020?
1 July 2020
The Fair Work Ombudsman (FWO) is reminding employers that the national minimum wage has increased today to
$19.84 per hour
(up from $19.49), or $753.80 per week (up from $740.80).
What was min wage in 1950?
| Effective Date 1938 Act 1 1961 Amendments 2 | Jan 25, 1950 $0.75 | Mar 1, 1956 $1.00 | Sep 3, 1961 $1.15 $1.00 | Sep 3, 1963 $1.25 |
|---|
What was the average wage in Canada in 1920?
| Salaries | Salaried employees | 1920 78,331 1 * | 1922 71,586 1 * | 1921 51,379 15,611 |
|---|
What was the hourly wage in 1920?
| Effective Date New Minimum Wage Percentage of Increase Over Previous Wage | February 8, 1943 $0.45 36.36 percent | 1920 $0.33 17.86 percent | 1919 $0.28 33.33 percent | 1918 $0.21 31.25 percent |
|---|
How much did an average worker make per month in 1900?
The average American worker earned approximately
$12.98 per week
for 59 hours of work in 1900—$674.96 a year.
What was the average wage in England in 1920?
| Average yearly wage factory workers Male Female | 1920 £204 15s 9d £99 1s 6d | 1940 £248 5s 8d £123 1s 3d | 1950 £296 3s 7d £146 18s 4d | Average yearly wage managers and clerks Male Female |
|---|
