1 For work performed from July 24, 2007 to July 23, 2008, the Federal minimum wage is $5.85 per hour. 2  For work performed from July 24, 2008 to July 23, 2009, the Federal minimum wage is $6.55 per hour. 3  For work performed on or after July 24, 2009, the Federal minimum wage is $7.25 per hour.