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German Minimum Wage Plan Gains Backing From Businesses
Keywords:
Economic policies for a new CDU-SPD coalition government in Germany- 2013-2017
08/17/2010
A new coalition government of the CDU-SPD has support from the German public and includes such policies as raising the minimum wage to 8.50 euros an hour, tighter financial markets regulation, and a shift to a growth and employment strategy for the EU.
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The case for the minimum wage in Germany
03/29/2014
Business and labor organizations both support increasing the minimum wage and see a modest impact on jobs in March 2014. A key is that business has 2 years till 2017 to adjust in the new proposed law, and that the proposed $8.50 is already close to 50% of the median wage. The impact in improving wages will be felt in the lower wage restaurant and service sector, and in the eastern part of Germay. About 5 million workers would benefit. There are also exemptions for young workers of 18 years of age and workers with long periods of unemployment, a clause that could also be adopted in the U.S. to minimize impact on job loss.
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German Minimum Wage Plan Gains Backing From Businesses
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The growing low wage sector as downside of Germany's improving unemployment rate in 2009-2013
01/04/2008
The unemployment rate dropped to 7.6% in Germany in 2009 an 6.9% by 2013. Experts says this is a result of the rapid growth in the sector paying low wages.
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'Minijobs' Lift Employment But Mask German Weakness
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Unemployment in Germany 2009-2013
01/04/2008
The role of "kurzarbeit" programs, work sharing, the changes from the Hartz reforms, and wage restraint in reducing German unemployment.
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German Minimum Wage Plan Gains Backing From Businesses
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Germany Regains Jobs Lost in Recession
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The minimum wage in Germany
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Germany's Social Democrats Agree to Coalition Talks With Merkel
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The expansion of the low wage sector in Germany as unemployment drops
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Women and low wage minijobs in Germany
08/14/2010
Germany's Ministry for Family Affairs recently completed a study showing minijobs for women in retail, healthcare and other fields puts women in deadend jobs and a situation of "lifelong economic powerlessness and dependence for women." The numbers for minijobs paying low wages in parttime work show large increases in 1999-2010, the same period when unemployment declined in Germany to 6.9% by 2013.
Grouped Articles
'Minijobs' Lift Employment But Mask German Weakness
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Europe's Easy-Money Policy Snubs German Savers
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German Coalition Reaches Deal but Faces Tough Party Vote
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