Thursday, April 24, 2014

Thinking Big: The Global Minimum Wage

If the apparel industry can globalize production, the producers need to be able to globalize the minimum wage.

By David L. Wilson, Truthout
April 24, 2014

After years of neglect, the minimum wage has suddenly become a major national issue. President Obama has proposed an increase in the federal minimum to $10.10 an hour, fast food workers are agitating for $15, and candidates who back a higher wage floor, including an avowed socialist in Seattle, are winning local elections. In February, the retailer Gap Inc. announced that it was implementing a nationwide minimum wage for 65,000 of its own 90,000 employees (although only $9 an hour).

The minimum wage is an important issue in other countries as well, although we rarely hear about these cases. [...]

Read the full article:
http://www.truth-out.org/opinion/item/23273-thinking-big-the-global-minimum-wage

1 comment:

Bill Stewart said...

A global minimum wage would be hard to control. Do you really think it would stand? If nothing else it would be a good standard to set for those that we can keep track of.
Bill \ http://www.optimamigration.com.au