US Minimum Wage Is Pretty Low Compared To Some Countries - Business Insider.pdf - Globalizacja-kolejna odslona totalitaryzmu Globalism the latest mask totalitarianism - antonif

US Minimum Wage Is Pretty Low

Compared To Some Countries

WALTER HICKEY

FEB. 13, 2013, 12:27 PM

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.

Economic Co-operation and Development , the economic club for rich countries:

stats.oecd.org and en.wikipedia.org

Among OECD nations, every single country that pays a higher minimum wage than the U.S. pays

upwards of $9.00 U.S. dollars per hour.

Australia, the nation with the best minimum compensation on the list, has a minimum wage

equivalent to $15.75 in U.S. dollars.

Japan, which is the lowest paying country to beat the U.S. pays U.S. $9.16 per hour.

All told, the U.S. falls toward the bottom of the pack near Greece, Spain and Israel.

Watch Below: President Obama's Ambitious Plans For His Second

Term

US Minimum Wage Is Pretty Low Compared To Some Countries - Business Insider.pdf