Germany’s first minimum wage
November 9, 2011 Leave a comment
It may surprise some of you to learn that progressive, labor-friendly Germany does not have a minimum wage. It’s one area where yes, technically, American labor protections are stronger than in Germany. But Angela Merkel’s Christian Democrats are set to introduce the country’s first minimum wage, finally catching up to the United States — and immediately wildly surpassing us.
The government’s proposed minimum wage would be €8/hour, or $10.87, 50% higher than America’s $7.25. Granted, the cost of living in much of Germany is quite high, but in, say, Berlin, you could live like a king for that wage. (Not to mention all the paid vacation, health care, etc., etc.)
(Unrelated: Markus Wiener Publishers)