Friday, July 27, 2007

Minimum wage increased in America

America has raised its minimum wage to USD 5.85 per hour (SGD 9).

America is a free market economy. Due to its large size, there are a wide range of choices and opportunities. Why is it necessary for America to have a minimum wage policy?

Maybe, the same reasons applies to Singapore?

1 comment:

Khiat Han Hwee Adrian said...

Such a law protect their citizens and their people livelihood.

If such law don't exist, they can easily engage people from Mexico or Panama. Work long hours and pay them peanuts. This will deprive their citizens of a proper living.

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