Job Market Monitor
Minimum wage
India / Minimum wages increase
The Delhi Government has decided to implement the revised rates of minimum wages for unskilled, semi-skilled and skilled categories in all scheduled employments, Labour Minister A.K. Walia said on Monday. The new rates, which have been worked out after adjustment of dearness allowances, have come into effect from April 1, 2013 and will extend to … Continue reading
US / House Republicans Vote Down on Minimum Wage
House Republicans on Friday unanimously voted down a bill that would have raised the minimum wage. Six Democrats joined them in defeating the effort. The vote came after a surprise move by Democrats, who tacked onto a jobs training program bill an amendment that would have brought the national $7.25 minimum wage to $10.10 by … Continue reading
US / Two thirds of minimum wage earners are women says Nancy Pelosi
The statement “More than 64 percent of minimum-wage earners are women.” Nancy Pelosi, U.S. House minority leader, in a news conference The ruling On news of the stock market hitting an all-time high, U.S. House Minority Leader Nancy Pelosi said it’s time to raise the minimum wage. In a news conference on March 7, Pelosi, … Continue reading
China / 8 provinces and cities have adjusted their minimum wage levels in 2013
Shenzhen has raised its monthly minimum wage levels by RMB100 to RMB1,600 from March 1, 2013, while its hourly minimum wages have been adjusted from RMB13.3 to RMB14.5. This news comes after Guangdong Province recently announced wage hikes of nearly 20 percent that would have seen Guangzhou overtake Shenzhen as the city with the highest monthly minimum … Continue reading
US / A Facts Sheet on Federal Minimum Wage
The minimum wage is not indexed to the price level. It has been legislatively increased from time to time to make up for the loss in its real value caused by inflation. In nominal (current dollar) terms, the minimum wage has risen steadily from 25 cents to $7.25 an hour, where it has remained since … Continue reading
US / 71% Back Raising Minimum Wage
Seven in 10 Americans say they would vote “for” raising the minimum wage to $9 per hour if given the opportunity, while 27% would vote against such a bill. The proposal, made by President Barack Obama in his 2013 State of the Union speech, is backed by over 90% of Democrats and self-described liberals, and … Continue reading
Jordan / Significant numbers not paid minimum wage
A significant number of workers are paid less than the minimum wage, with 1.4 per cent of the workforce earning less than JD100 ($141) a month, the Department of Statistics (DoS) said on Tuesday. According to a recent DoS study that covered 2012, 12.4 per cent of working Jordanians get less than JD200 ($282) a … Continue reading
US / 5 Myths About the Minimum Wage
Myth #1: Hordes of Minimum-Wage Workers Very few Americans are actually working for the federal minimum wage—it’s just 2.9 percent of all workers in the United States. In other words, 97 percent of American workers make more than minimum wage. Myth #2: The “Working Poor” Getting By on Minimum Wage More than half of minimum-wage … Continue reading
Czech Republic / Trade unions want higher minimum wage
Czech trade unions would like the monthly minimum wage to go up in the country and the Labour Ministry’s proposal of a 600-crown increase is acceptable for them, CMKOS umbrella union leader Jaroslav Zavadil told Czech Television (CT) during a political discussion programme Sunday. Finance Minister Miroslav Kalousek (TOP 09) said he resolutely opposes this. … Continue reading
US / Poll: Economists think minimum wage is worth it
The IGM Forum, which is run by the University of Chicago’s Booth School of Business, polled top economists on the minimum wage. The first question they asked was whether raising the minimum wage could make it harder for some low-wage workers to find jobs. The second question was whether they thought increasing the minimum wage … Continue reading
US / 54 percent support minimum wage increase
A new Rasmussen poll indicates that 54 percent of Americans favor raising the Minimum Wage from $7.25 to $9 an hour, as the president proposed in his State of the Union address last week. “Most voters don’t think the minimum wage is enough to live on, and support President Obama’s proposal to raise it from … Continue reading
Germany / Toward a Minimum Wage ?
Opposition parties in Germany are preparing to introduce a draft law on a minimum wage to the Bundesrat upper house on March 1, a newspaper reported on Thursday, raising the pressure on Chancellor Angela Merkel on the issue. Germany is one of only a few countries in Europe with no mandatory, across-the-board minimum wage and … Continue reading
The State of the Minimum Wage
President Obama stressed economic equality and opportunity, focusing particularly on the financial woes of those earning the minimum wage, during his recent State of the Union address. “Even with the tax relief we’ve put in place, a family with two kids that earns the minimum wage still lives below the poverty line. That’s wrong,” the … Continue reading
India / A national floor level minimum wage mandatory for all unskilled workers
Prime Minister Manmohan Singh ratified a proposal to make the national floor level minimum wage mandatory for all unskilled workers in the country at a meeting of the union cabinet on late Thursday evening. The decision coincided with the conclusion of a two-day national strike called by all central trade unions to protest the government’s … Continue reading
Indonesia / Minimum Wage / At least 500,000 workers in about 1,500 companies across the country might lose their jobs Employers Association says
Indonesian Employers Association (Apindo) chairman Sofjan Wanandi said that at least 500,000 workers in about 1,500 companies across the country might lose their jobs in March as the companies were no longer able to pay their workers in accordance with the new minimum wages. “I think half a million is the smallest figure we are … Continue reading
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