 
Minimum Wage Gold Price Chart
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Date |
Minimum Wage |
Gold Price |
Hours Worked Per Ounce |
|---|
May 1,1974 |
$2.00 |
$169.50 |
84.75 |
Jan. 1, 1975 |
$2.10 |
$186.50 |
88.81 |
Jan. 1, 1976 |
$2.30 |
$140.25 |
60.97 |
Jan. 1, 1978 |
$2.65 |
$164.95 |
62.25 |
Jan. 1, 1979 |
$2.90 |
$226.00 |
77.93 |
Jan.1, 1980 |
$3.10 |
$512.00 |
165.16 |
Jan.1, 1981 |
$3.35 |
$589.75 |
176.04 |
Apr. 1, 1990 |
$3.80 |
$368.50 |
96.97 |
Apr. 1, 1991 |
$4.25 |
$355.65 |
83.68 |
Oct. 1, 1996 |
$4.75 |
$377.55 |
79.48 |
Sept 1, 1997 |
$5.15 |
$324.50 |
63.00 |
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