Saturday, April 19, 2014

Does A High Minimum Wage Equal High Unemployment? Not necessarily.

Australia's minimum wage is $15.30 in US dollars. Australia's unemployment rate is:
The USA's minimum wage is $7.25. The USA's unemployment rate is:
Australia's unemployment rate has been trending upward overall recently as the USA's has been trending downward. It will be interesting to see how these trends continue. Stay 'tooned!