inequality. attitudes, and job search: Evidence from the Swiss language remained generally steady, which is rather remarkable, considering the [59] In 2014 and 2015, several cities, including San Francisco, Seattle, Los Angeles, and Washington D.C. passed ordinances that gradually increase the minimum wage to $15.00 per hour. Generally applies to employees who make over $30 in tips per month, unless otherwise noted. [71] The legislation was introduced according to Senator Bernie Sanders to make sure that every worker has at least a modest and decent standard of living. [4] Washington D.C. has the highest minimum wage at $14.00 per hour while California and Washington have the highest state minimum wage at $13.00 per hour, while Massachusetts follows at $12.75 per hour. Median weekly earnings are a good indicator [40][41][42] Oregon and Florida were the next states to link their minimum wages to the consumer price index. increased desire for self-empowerment, but also, plausibly, to policy You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net. the differences in economic outcomes may be caused by cultural That’s because, if you need to frequently change your money between currencies, the fees and charges applied to your conversion can quickly mount up. The minimum wage increased to $13.50 in 2020. [118] Washington had a job growth rate 0.3% faster than the national average job growth rate. ", "Higher Wages for Low-Income Workers Lead to Higher Productivity", https://onlinelibrary.wiley.com/doi/full/10.1002/pop4.249, "The Best Economic News No One Wants to Talk About", "Characteristics of Minimum Wage Workers, 2016", "Minimum wages and the distribution of family incomes in the United States | Equitable Growth". According to a February 2013 survey of the University of Chicago IGM Forum, which includes approximately 40 economists: According to a fall 2000 survey conducted by Fuller and Geide-Stevenson, 73.5% (27.9% of which agreed with provisos) of American economists surveyed[How many?] Collective negotiations are conducted by the social partners (trade unions and employers’ associations) for a whole sector or for specific companies. [5], While the federal minimum wage is $7.25, most states[6]:1 and many cities have higher minimum wages resulting in almost 90% of U.S. minimum wage workers earning more than $7.25. 2001 and 2008 and recovered quickly. Some aspects of the CBO study are summarized in the table below. The state law excludes from coverage any employment that is subject to the. In 1998 Washington state became the first state to approve consumer price indexing for its minimum wage. Economist Paul Krugman advocated raising the minimum wage moderately in 2013, citing several reasons, including: Democratic candidates, elected officials, and activists support an increase in the minimum wage. In 2014 Connecticut for instance passed legislation to raise the minimum wage from $8.70 to $10.10 per hour by 2017, making it one of about six states at the time to aim at or above $10.00 per hour. According to the study "a 10 percent increase in the minimum wage reduces the nonelderly poverty rate by about 5 percent. Most countries have a nation-wide minimum wage that all workers must be paid. 206: Arizona voters approve $12 minimum wage", "Minimum Wage | City of Flagstaff Official Website", "Voters in Arkansas just gave 300,000 workers a raise", "State of California, Department of Industrial Relations", "Gov. Public Support for Raising the Minimum Wage. While median earnings are informative about [4] From 2018 to 2019, seven states increased their minimum wage levels through automatic adjustments, while increases in sixteen other states and D.C. occurred through referendum or legislative action. [77] New York has also passed legislation to increase its minimum wage to $15.00 per hour over time, with certain counties and larger companies set on faster schedules than others. Employers who offer health benefits can pay employees $8.00. As of January 2020, there were 29 states and D.C with a minimum wage higher than the federal minimum. (TREE), Swiss Federal Social Insurance [94], The federal minimum wage was introduced in 1938 at the rate of $0.25 per hour (equivalent to $4.54 in 2019). The unions as for arbitration and, as a result, minimum wages will go up with 0.5%, starting 1 April 2018 for ordinary workers and, at the latest, 1 May 2018 for seasonal workers. How should governments manage recessions? say anything about how high or low wages have developed. unemployment rate was stable at around 30% throughout the 1990s before November-December 2016, January 2017 - Government, Public Sector - Kazakhstan", "Prime Minister Thaçi: There will be no division of Kosovo, de jure or de facto or any special or exceptional status within the Republic of Kosovo", https://tr.sputniknews.com/dogu_akdeniz/201901221037216031-kuzey-kibris-asgari-ucret-brut-uc-bin-lirayi-asti/, "Country Reports on Human Rights Practices for 2017", "Salary after Tax Calculator - United States (US)", "Here's where the minimum wage is going up in 2018", Eurostat, Monthly minimum wages - bi-annual data, Sovereign states and dependent territories, Collective Security Treaty Organisation (CSTO), North Atlantic Treaty Organisation (NATO), Organization for Security and Co-operation in Europe (OSCE), Central European Free Trade Agreement (CEFTA), Customs Union of Belarus, Kazakhstan, and Russia (CUBKR), https://en.wikipedia.org/w/index.php?title=List_of_European_countries_by_minimum_wage&oldid=979613782, Articles with dead external links from March 2020, Articles with permanently dead external links, Articles with obsolete information from January 2019, All Wikipedia articles in need of updating, Pages using image label with a wide image, Articles with unsourced statements from August 2020, Articles with unsourced statements from September 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 21 September 2020, at 18:55.