The Minimum Wage Around the World
By Libby Kane
The Organization for Economic Cooperation and Development (OECD), an international policy group that monitors and analyzes 34 countries, recently tweeted the following chart:
It illustrates the after-tax value of the hourly minimum wage, in US dollars, in the OECD countries that have instituted one.
Australia and Luxembourg lead the group with wages over $9 an hour each, and Latvia and Mexico are at the bottom with wages under $2.
