HappySqurriel said:
Do you have any countries that are not being completely mismanaged by their governments? |
Some examples of countries that require fair pay, and have low unemployment
Denmark, highest minimum wage in the world (not enforced by law, but by union negotiation. It is still a minimum wage in the sense that no-one works for less than that), 6.9% unemployment
Australia, very high minimum wage, 5.1% unemployment
Norway, no formal minimum wage but the unions are strong enough to guarentee fair wages, 2.9% unemployment
Now for some examples of no/low minimum wage and high unemployment. Obvious all of these countries have gross mismanagement by the government or they wouldn't be in the sad situation they are in, but I shall endeavour to only include wealthy countries.
United States - Very low minimum wage, 8.9% unemployment
Libya ~$110/month , 13% unemployment
Portugal - about $3.80 US/hour minimum wage, 10.7% unemployment
