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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
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