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Article: DOL Announces Federal Minimum Wage to Increase on Labor Day
- Article from:
- U.S. Newswire
- Article date:
- August 29, 1997
CopyrightCopyright 1997 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON, Aug. 29 /U.S. Newswire/ -- The federal minimum
wage for hourly workers will increase to $5.15 an hour on Monday,
Sept. 1, completing the two-step minimum wage increase signed
into law by President Clinton on Aug. 20, 1996.
"Thomas Jefferson once said, ' In matters of principle, stand
like a rock,'" said President Clinton. "This increase in the
minimum wage affirms our commitment to 'stand like a rock' for our
working families and their right to jobs that provide fair
compensation."
Full-time minimum wage earners will now make $10,300 a year,
up $1,800 from the full-time annual earnings under the minimum wage
of $4.25 an hour that was in effect from April, 1991 until Oct. 1, ...