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FWIW, $1.90 an hour in 1973 would be about $12/hour today.

It's not about inflation. It's about supply and demand. Minimally skilled manual labor is valued less today than back then. Less demand. More supply. My first two minimum wage jobs don't even exist any more.

The "real" value of minimum wage peaked in about 1968, so the 1973 comparison is skewed upwards. If you adjust the original 1938 minimum wage of $0.25 per hour to today, the minimum wage should only be $4.62. A chart over time:

In any case, I only needed 15 hours per week to pay for room and board.
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