Thursday, July 26, 2007

Minimum wage increased in America

America has raised its minimum wage to USD 5.85 per hour (SGD 9).

America is a free market economy. Due to its large size, there are a wide range of choices and opportunities. Why is it necessary for America to have a minimum wage policy?

Maybe, the same reasons applies to Singapore?

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.