Everyone's talking about the minimum wage today. I'm in favor of raising it, and I always have been, but a picture is worth a thousand words, so here's a picture for you. Courtesy of the OECD, it shows the minimum wage in various rich countries as a percentage of the average wage. The United States isn't quite the lowest, but we're pretty damn close.
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Showing posts with label Organisation for Economic Co-operation and Development. Show all posts
Showing posts with label Organisation for Economic Co-operation and Development. Show all posts
Wednesday, December 4, 2013
The Minimum Wage in America Is Pretty Damn Low
Everyone's talking about the minimum wage today. I'm in favor of raising it, and I always have been, but a picture is worth a thousand words, so here's a picture for you. Courtesy of the OECD, it shows the minimum wage in various rich countries as a percentage of the average wage. The United States isn't quite the lowest, but we're pretty damn close.
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