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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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A recent national report shows that Louisiana is one of only five states without a state-set minimum wage, but state officials say it doesn’t really matter. The National Conference of State Legislators report shows that Louisiana, Alabama, Mississippi, South Carolina and Tennessee have no set minimums that must be paid to workers in private or … Continue reading »

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The minimum wage will increase in ten states on Jan. 1, modestly boosting the incomes of nearly one million low-paid workers in Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont, and Washington. The state minimum wage rates will rise between 10 and 35 cents per hour, resulting in an extra $190 to $510 … Continue reading »

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