In 1971 the federal minimum wage was $1.60 per hour
That’s 1.82 oz of gold per week in 40 hours Today that would translate to approx $225 per hour and $9,000 per week That’s what they stole from Americans
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
In 1971 the federal minimum wage was $1.60 per hour
That’s 1.82 oz of gold per week in 40 hours
Today that would translate to approx $225 per hour and $9,000 per week
That’s what
they
stole from Americans