3 ms·
That number is nominally pretty close the US which is interesting, but I don’t really know what it means in terms of purchasing power parity. I wonder how able
by hotpotamus 3y ago
That number is nominally pretty close the US which is interesting, but I don’t really know what it means in terms of purchasing power parity. I wonder how able a minimum wage worker is to afford their health insurance and rent. And it’s probably relevant what percentage of workers make that wage. I’m really not all that knowledgeable about Japan other than a little bit from talking to people who’ve been and catching the odd online talk/documentary, but it does seem like an I interesting place.
In the US for instance, it seems like minimum wage is a dead letter law since it was never indexed to inflation and had been left to wither away.
- wahnfrieden 3y agoinflation and untethered minimum wage is a class warfare tool. it was purposely untethered from inflation from the start.