Thursday, May 7, 2015

Real Minimum Wages of Countries

I love sites that make data accessible.

Here is a site that does international comparisons of minimum wage using constant dollars and using a purchasing power parody. What are the real minimum wages in U.S. 2013 purchasing power?

U.S. of course is $7.25
Canada is $7.80
Belgium $10.10
France $10.70
New Zealand $8.70
Mexico $.80
Korea $5.30
U.K. $8.00

Come to think of it, Canada recently had a fairly sharp minimum wage increase in 2014, and since this data is from 2013 it’s probably a bit higher.