Minimum Wage Gold Price Chart
| 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 |
Sunday, August 6, 2006