Minimum wage, federal · per hour · 2023 Verified
$7.25in June 2023 — about $7.94 in today's money.
- Figure in 2023$7.25
- Same money today$7.94
- Latest figure (2026) · June 2026$7.25
- Change since 2023+0%
History
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 2023; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- FEDMINNFRWG
- Observed
- June 2023
- Coverage
- October 1938 – June 2026
- Adjusted by
- CPIAUCNS · 305.109 → 333.952 (June 2026)
- License
- Public domain