বৃহস্পতিবার, ১৪ ফেব্রুয়ারী, ২০১৩

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

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:

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

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Source: http://www.businessinsider.com/the-united-states-is-very-different-from-its-neighbors-when-it-come-to-minimum-wage-2013-2

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