from an average of approximately 42 cents in the first half of 1933 to 52 or 53 cents by December.

What was minimum wage in the 30s?

25 cents per hour
This paved the way for the passage of the Fair Labor Standards Act of 1938, which initially set a federal minimum wage of 25 cents per hour and a 44-hour maximum work week. Today, the FSLA remains the authorizing legislation for the federal minimum wage.

How much was rent in the 1930s?

In the 1930’s the average annual income was about $1,970, and the average cost for house rent was about $18.00 per month.

What was the average price of a house in 1930?

While a house bought in 1930 for around $6,000 may be worth roughly $195,000 today, when adjusted for inflation, the appreciation is not as impressive as it seems. Since 1930, inflation-adjusted home values have increased by a modest 127%, or less than 1% each year.

How much did factory workers get paid in the 1800s?

Additionally, how much did factory workers get paid in the 1800s? It took $600 per year to make ends meet and most industrial workers made approximately $500. Women and children therefore had to go to work. By 1900, 1.7 million children were working.

What was the average wage in the 1930’s?

In early 1930 this was £1 11s (shillings) 8d (pence) for a week of just over 50 hours, or roughly a shilling an hour. This rate declined slightly in the early 1930s, falling as low as £1 10s 8d in 1993-4, but had increased again by the end of the decade, standing at £1 19s 5 1/2 d by October 1939.

What was the average salary of an industrial worker in 1900?

It took $600 per year to make ends meet and most industrial workers made approximately $500. Women and children therefore had to go to work. By 1900, 1.7 million children were working. On average , children worked 60 hours per week and took home pay that was a third the size of adult males.

What was the average wage for farm workers in 1939?

Wages for farm workers are compared to that of factory workers. Article starts on page 59 of the BLS Monthly Labor Review, July 1939 issue. Average yearly wage, reported with and without board (meals). Taken from the 1936 Statistical Abstract of the United States.