Minimum Wage Overview
Application and General Demographics
The Fair Labor Standards Act (FLSA) of 1938, as amended, is the primary Federal statute in the area of minimum wages and certain related labor standards issues (e.g., overtime pay and child labor). At present, the general minimum wage (although there are exceptions) is $5.15 per hour.Minimum Wage and the FLSA The FLSA is an umbrella statute that deals with a series of labor standards. These fall, roughly, into three categories: Minimum wage (Section 6 of the Act) Overtime pay (Section 7) Child labor (Section 12) Section 3 of the Act defines the concepts used throughout the statute and, thereby,…