MINIMUM WAGE SEC. – Unlike many other states, Texas does not have a provision for adjusting its minimum wage based on cost of living or inflation. Average: The average value of the Consumer Price Index in Year. 25 an hour -- is established for days of employment with an employer. The federal minimum wage is decided by Congress and the President and was last raised in 1997 to $5. Units: Dollars per Hour Frequency: Annual Release: Minimum Wage Rate by State Source: U. Feb 24, 2015 · View Texas minimum wage data and tipped minimum wage data. Bush threatened a veto unless a sub-minimum wage was provided for teen-agers. 40000 in January of 1973. Bureau of Labor Statistics reported today.

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