Minimum Wage Numbers, Here and Elsewhere
Bloomberg Businessweek has a fun graphic looking at the minimum wage by the numbers in the U.S. and a few other countries.
The Irish minimum wage is equivalent to $11.70 U.S. dollars, while Australia’s minimum wage is equivalent to $14.31 U.S. dollars. In Australia, Labor leader Bill Shorten said last month that 1.5 million Australians relied on the minimum wage, which is a strong safety net to prevent the creation of an “underclass of working poor.”
“Labor does not support a working poor as we see in the United States,” he told reporters, which sounds like a pretty sick burn on us.