Two days ago I was watching a German TV show in which the panelists discussed the low-wage-job boom: apparently unemployment is very low (5.6%) but an unhealthy portion of the jobs people are working are low-wage and/or exploitative of labor, and thus not really contributing to long-term social stability.
If too many people are working minimum wage and the minimum wage isn't realistic then sooner or later you have a big problem paying for social services.
(In Germany it's 8.84 EUR per hour but has only existed for a few years and I gather there's a lot of noncompliance.)
So, interesting map, but only telling part of the story.
If too many people are working minimum wage and the minimum wage isn't realistic then sooner or later you have a big problem paying for social services.
(In Germany it's 8.84 EUR per hour but has only existed for a few years and I gather there's a lot of noncompliance.)
So, interesting map, but only telling part of the story.