World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Australia Weighs Whether Its Minimum Wage Is Too High
Keywords:
Australia's minimum wage is set for 2015 at $16.87 Australian dollars per hour, or $13.55 U.S. dollars for people over the age of 20. This is 30% higher than the minimum wage of $10 in California, and almost double the federal minimum wage in the U.S. For years since the late 1990's it has been increased as Australia benefitted from a commodities boom. With the lower employment in the mining and other sectors in 2015, and a fading of the commodities boom, experts say the minimum wage needs to be restrained to reflect the changes in the economy. Unemployment at 4% in 2008, is now 6.1%. Unemployment for people 15-24 not attending school increased to 14.1% in Nov. 2014, declining to 13.1% in Dec. Workers under 21 are paid much less significantly lower on a sliding scale, an idea that could be borrowed in the U.S. as the minimum wage is raised higher to provide adequate income for workers with families to support. Experts point to high unemployment in the 1990's even when there was a low minimum wage. As a matter of fairness the wage setting body in Australia takes into account the median wage. It was 54% of the median wage in 2013, compared to 37% for the U.S., according to the OECD.
Australia's high minimum wage with lower employment in mining and construction in 2015-2016
01/26/2015
Discussion on the minimum wage is taking place in Australia which has the highest minimum wage in the world of $13, about twice the minimum wage in the U.S. It reflects an egalitarian culture in Australia and proponents say unemployment was high even in a period when the minimum wage was low. The minimum wage is 54% of the median wage in Australia, compared to 37% in the U.S., and is set at a level to reflect fairness. It has increased by 60% since 2000 to maintain worker's purchasing power.
Grouped Articles
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Democrats Are Rallying Around $12 Minimum Wage
New York Times 04/22/2015
Economist 08/24/2015
California's minimum wage increase to $10 an hour
04/15/2013
Grouped Articles
California Set to Raise State Minimum Wage
Wall Street Journal 09/13/2013
In Washington State, Home of Highest Minimum Wage, a City Aims Higher
New York Times 10/13/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
New York Times 12/01/2013
Dwindling Tools to Raise Wages
New York Times 12/10/2013
CBO projections on the minimum wage
02/19/2014
Grouped Articles
Wall Street Journal 02/19/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Trump era confronts organized labor with gravest crisis in decades
Washington Post 12/09/2016
Increase in the minimum wage in 29 U.S. states by Jan. 2015 bringing more food, bus fare to millions of Americans
12/31/2014
Grouped Articles
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Andrew M. Cuomo: Fast-Food Workers Deserve a Raise
New York Times 05/06/2015
Democrats Are Rallying Around $12 Minimum Wage
New York Times 04/22/2015
Los Angeles Lifts Its Minimum Wage to $15 Per Hour
New York Times 05/19/2015
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/2015
Faces of Hispanic Americans (Latinos) struggling at the minimum wage with parttime work in New York City
12/14/2014
Grouped Articles
A Growing Economic Recovery Bypasses Low-Wage Workers and Their Tables
New York Times 12/14/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
13 Who Defeated Adversity Earn New York Times College Scholarships
New York Times 03/11/2015
Andrew M. Cuomo: Fast-Food Workers Deserve a Raise
New York Times 05/06/2015
Los Angeles Lifts Its Minimum Wage to $15 Per Hour
New York Times 05/19/2015
Cuomo to Raise Minimum Wage to $15 for All New York State Employees
New York Times 11/10/2015
Tackling middle class poverty in the U.S.- causes and strategies
03/11/2009
Shrinking incomes, low job growth, growth in temporary jobs, offshoring of jobs, are part of a trend since 1989. This is compounded by acceleration of developments during the last decade of low savings and paltry return on savings, effects on net worth of the financial crisis of 2008 through job losses, lost income, foreclosures, high cost of health care and college tution for children. The combination is creating a new kind of middle class poverty in the U.S. The Obama administration has pushed for college education even as it is becoming less affordable and neglected jobs training. The push to raise the minimum wage helps the poor but does not do as much for the middle class.
Grouped Articles
Wall Street Journal 09/14/2011
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
8 States to Raise Minimum Wage
New York Times 12/23/2011
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
New York Times 02/10/2010
France's boost of the minimum wage in 2012 under the Hollande administration
06/27/2012
France boosted the minimum wage in June 2012 to increase consumer spending.
Grouped Articles
California Set to Raise State Minimum Wage
Wall Street Journal 09/13/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
New York Times 12/01/2013
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
France to Lift Minimum Wage in Bid to Rev Up Economy
Wall Street Journal 06/27/2012
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.
Grouped Articles
German Minimum Wage Plan Gains Backing From Businesses
Wall Street Journal 03/29/2014
Swiss to Vote on $25-an-Hour Minimum Wage
Wall Street Journal 05/16/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Trump era confronts organized labor with gravest crisis in decades
Washington Post 12/09/2016
Opinion | It Doesn’t Matter Who Replaces Merkel. Germany Is Broken.
New York Times 12/07/2018
The right level for the minimum wage in the U.S.- $10, $12 or $15?
04/15/2013
Grouped Articles
Dwindling Tools to Raise Wages
New York Times 12/10/2013
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
America's Miserly Minimum Wage Needs an Upgrade
Wall Street Journal 04/15/2013
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
Swiss to Vote on $25-an-Hour Minimum Wage
Wall Street Journal 05/16/2014
Michigan Becomes Seventh State This Year to Raise Minimum Wage
Wall Street Journal 05/29/2014
Binding minimum wage referendum's in U.S. states Alaska, Arkansas, Nebraska and South Dakota, in Nov.2014, with large popular support
11/03/2014
Initiatives in U.S. states for the minimum wage in 2014 elections. Initiatives are a way around the deadlock in Congress on the issue.
Grouped Articles
Little Opposition Seen in Some Votes to Raise State Minimum Wages
New York Times 11/03/2014
Minimum-Wage Boosts, Pot Legalization Advance in State Ballot Measures
Wall Street Journal 11/05/2014
Election pay day: Five states adopt higher minimum-wage laws
Wall Street Journal 11/06/2014
Strong Voice in ‘Fight for 15’ Fast-Food Wage Campaign
New York Times 12/04/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
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.
Grouped Articles
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
New York Times 11/03/2013
German Coalition Reaches Deal but Faces Tough Party Vote
Wall Street Journal 11/27/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
New York Times 12/01/2013
Americanized Labor Policy Is Spreading in Europe
New York Times 12/03/2013
Ikea's plan to increase the minimum wage to $10.76 an hour for the U.S. in 2014
06/26/2014
Grouped Articles
Ikea to Increase Minimum Hourly Pay
New York Times 06/26/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Democrats Are Rallying Around $12 Minimum Wage
New York Times 04/22/2015
IKEA to Ratchet Up Its Hourly Pay in U.S.
Wall Street Journal 06/25/2015
The New York Times 09/16/2016
Trump era confronts organized labor with gravest crisis in decades
Washington Post 12/09/2016
Increasing the minimum wage in Britain
08/20/2013
Grouped Articles
U.K. Moves To Tackle Income Squeeze
Wall Street Journal 08/20/2013
The minimum wage is set to rise in Britain. And Conservatives are all for it. - The Washington Post
Washington Post 01/27/2014
Swiss to Vote on $25-an-Hour Minimum Wage
Wall Street Journal 05/16/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Economist 08/24/2015
Trump era confronts organized labor with gravest crisis in decades
Washington Post 12/09/2016
Nationwide support for increasing the minimum wage in Britain
01/27/2014
Grouped Articles
The minimum wage is set to rise in Britain. And Conservatives are all for it. - The Washington Post
Washington Post 01/27/2014
Swiss to Vote on $25-an-Hour Minimum Wage
Wall Street Journal 05/16/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Economist 08/24/2015
Trump era confronts organized labor with gravest crisis in decades
Washington Post 12/09/2016
The changing demographics of minimum wage workers in the U.S. in 2014-2015
06/09/2014
Not just young people take minimum wage jobs as more people can only get part time low paying jobs following the 2008-2009 financial crisis.
Grouped Articles
New York Times 06/09/2014
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
A Growing Economic Recovery Bypasses Low-Wage Workers and Their Tables
New York Times 12/14/2014
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
After a Bounce, Wage Growth Slumps to 0.1%
New York Times 03/06/2015
The minimum wage in Germany
08/17/2010
Grouped Articles
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
New York Times 12/01/2013
Americanized Labor Policy Is Spreading in Europe
New York Times 12/03/2013
Amazon Wage Dispute Spreads Beyond Germany
Wall Street Journal 12/17/2013
German Workers' Wages Belie Country's Rebound
Wall Street Journal 08/17/2010
Merkel Caught In Middle On Wages
Wall Street Journal 12/26/2013
The minimum wage in the U.S. 2010-2015
11/29/2011
Grouped Articles
8 States to Raise Minimum Wage
New York Times 12/23/2011
California Set to Raise State Minimum Wage
Wall Street Journal 09/13/2013
In Washington State, Home of Highest Minimum Wage, a City Aims Higher
New York Times 10/13/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
New York Times 12/01/2013
$15 Wage in Fast Food Stirs Debate on Effects
New York Times 12/04/2013
The case for a minimum wage for U.S. workers with families to support- how Australia approaches the issue taking into account the median wage
12/31/2014
Australia's minimum wage is 54% of the median wage, compared to 38% for the U.S., according to the OECD. Australia's wage setting body sets the minimum wage for workers over 20 years of age, and takes into account the median wage in the interest of fairness. Workers with families to support need the Australian minimum wage of 16.87 Australian dollars ($13 U.S.). All of this money goes into consumer spending providing an immediate boost to the economy.
Linked Articles
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us