U.S. Minimum Wage: Issues & Potential Effects of an Increase by Joel Biondi (Paperback, 2014)

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By Joel Biondi. Edited by Joel Biondi. Author Joel Biondi. The Fair Labor Standards Act (FLSA) of 1938 established the hourly minimum wage rate at 25 cents for covered workers. The minimum wage is not indexed to the price level.