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Summary

Sources:

Nominal wages: Department of Labor [1]

CPI: Bureau of Labor Statistics [2] (CPI-U figure)

FRED version of this chart updated through December 2019 [3]

${\displaystyle {\textrm {Inflation\ Adjustment}}={\textrm {MinimumWage}}\times {\frac {December\ 2019\ CPI}{CPI}}}$

Licensing

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