What legislative act is known for establishing labor standards, including minimum wage?

The Fair Labor Standards Act (FLSA) is the legislative act renowned for establishing essential labor standards, such as minimum wage, overtime pay, recordkeeping, and youth employment. Enacted in 1938, the FLSA was designed to protect workers from unfair labor practices and to ensure they receive fair compensation for their work.

By setting a minimum wage, the FLSA aims to provide workers with a baseline income, which helps to prevent exploitation and supports a standard of living for employees. Additionally, the act mandates overtime pay for hours worked beyond the standard 40-hour workweek, underscoring its role in promoting fair compensation.

In contrast, the other legislative acts mentioned serve different purposes. The Equal Pay Act specifically addresses wage disparity based on sex, while the Labor Management Relations Act focuses on the relationship between labor unions and employers. The Americans with Disabilities Act prohibits discrimination based on disability, enhancing accessibility and equal opportunity in the workplace.

Thus, the Fair Labor Standards Act is the correct choice, as it fundamentally outlines labor standards that include the establishment of minimum wage and overtime provisions.