Many nations don't have a minimum wage. So essentially it's whatever the market will pay. It's somewhat of a non issue. Even here in the US, 95% of employers already pay more than the minimum wage because that's what the woorkers skill set will demand.
The Congo which is the richest country in the world because of its natural resources. Most of the people who work earn less than $40 a month and the many people living there do not work.
by Barefootfae 5 years ago
Once again there is a call to raise the minimum wage.Now....common sense and a little education will tell you that when you raise the minimum wage, prices go up to compensate. Also, you stand the chance of having a nice little spike in unemployment from the smaller businesses that can no longer...
by JaxsonRaine 5 years ago
Here are two arguments that I have heard, separately, from people on the left.1 - Minimum wage doesn't cost jobs.2 - Companies outsource to countries with low wages.Let's examine that for a moment. Let's imagine the world government(imagine it exists) decides to set a global minimum wage at $10/hr....
by Josak 6 years ago
Wages have not been keeping up with the cost of living for a long time now in the US and the primary reason is the weakening of the unions, the problem really began during the presidency of Ronnie the union buster Reagan, unions began to lose ground against other movements and many were in fact...
by scoop 6 years ago
Where is the highest minimum wage in the world?
by SparklingJewel 5 years ago
here is one "perspective of facts"...anyone have another as well put together source of a "different perspective of facts" ?Seriously, just like the economy and how it is run, or how businesses are run, or how laws are perceived, or how judges judge for that matter...there are...
by Robert Carbery 19 months ago
Was the minimum wage ever intended to be something you can live on and support a family with?
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