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Minimum wage is sustainable because it is usually set based on economic reality of each country to a value that affects just a small percentage of laborers.
by zajio1am 4y ago
Minimum wage is sustainable because it is usually set based on economic reality of each country to a value that affects just a small percentage of laborers.
- scotty79 4y agoIn Poland it's nearing 20% of laborers. In US statewide minimum wage of 15$ would be and improvement for 1/3 of the labor force.
- zajio1am 4y agoAccording to : https://ec.europa.eu/eurostat/statistics-explained/index.php?title=File:Proportion_of_employees_earning_less_than_105_%25_of_the_minimum_wage,_2018_(%25).png https://ec.europa.eu/eurostat/statistics-explained/index.php... It is about 12% in Poland (2018) and in most countries from the link it was less than 10%.
- scotty79 4y agoHowever it's not 2018 anymore. It's now almost 20% Thanks for the link though. I tried to find such chart and I failed. I guess there's no point of discussing what is and what isn't small.