Almanac: Minimum wage

4,753 views · Published 5 January 2014 · 2:12 · Indexed 10 November 2026

Channel: CBS Sunday Morning · 2014 · News & Politics

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On January 5, 1914, Henry Ford made front-page news by sharing profits and doubling the pay of his autoworkers to a previously unheard of $5 a day, bolstering efforts to create a uniform minimum wage nationwide. Charles Osgood reports.

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