In the minimum wage, the United States lags behind many competitors

Australia, in roughly $ 17 an hour, tops among developed nations in per hour minimum wage.

Highest minimum wage in the world in Australia, where workers are paid at least 15.96 Australian dollars, or $ 16.91 an hour.

Also some major economies in Europe than the United States to pay the minimum. Only France has raised the minimum wage to 9.43 euros or $ 12.68 hours, while the pay of workers in the United Kingdom at least 6.11 British pound, or about $ 9.50.

Canada does not have a national minimum wage, but less than the provincial minimum wage in Alberta, where the workers must be at least CAD $ 9.75, or pay $ 9.73, while workers get at least $ 10.27, Yukon.

Figures released by the Organization for economic cooperation and development, a multinational research, nine countries in the world in terms of the minimum wage is more than $ 9 a proposal President Obama.

There are eight that do not have any form of minimum wage, according to the Organization for economic cooperation and development, including Germany and Italy. And some economies have a minimum wage that is set very low on a weekly or monthly basis, and not every hour.

The impact of minimum wage $ 9

In China, the minimum monthly General. A higher minimum wage in Shenzhen, where workers are guaranteed 1,500 Yuan, or about $ 240.49.

Beijing, with a minimum of $ 2.24 per hour.

Earlier this month, the Chinese Government is raising the minimum wage across most of the nation to 40 per cent of the average salary by 2015

There are some advanced economies with less than the minimum wage in the United States, but not many.

One is Japan, which sets the floor for wages on a regional level. Regional minimum wage the lowest it pays is in 256, or just about $ 6.75 an hour, just below the United States the current minimum wage of $ 7.25. The average minimum wage in Japan is about $ 8.02 an hour, while you must pay low-wage workers in Tokyo at least $ 9.10 an hour.

First published: 13 February 2013: 2: 08 pm et

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Title Post: In the minimum wage, the United States lags behind many competitors
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