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US vs OECD / Minimum Wage Is Relatively Low

President Barack Obama proposed last night that the United States raise the minimum wage to $9.00 per hour.

While that may seem like a massive raise for low earners — the current minimum wage is $7.25 per hour — we learned that when accounting for the impact of inflation this would be far from the first time that the United States minimum wage exceeded $9.00 in 2012 dollars.

There’s an even more comprehensive look at how the United States minimum wage stacks up, and that’s by comparing it to other nations.

Take a look at how the minimum wage levels in member nations of the Organization for Economic Co-operation and Development, the economic club for rich countries:

Capture d’écran 2013-02-15 à 09.20.45

Chosen excerpts by Job Market Monitor from

Business Insider

via US Minimum Wage Is Pretty Low Compared To Some Countries – Business Insider.

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