Germany Has The Highest Minimum Wage, Malta The Lowest Any income or salary comparison is always rife with concerns around prices (how affordable things are) and inflation (how that affordability changes over time). But when we adjust wages for both, what broad themes and insights can be seen? The visualization below, via Visual Capitalist’s Pallavi Rao, compares 2024 statutory minimum wages in 50 U.S. states and 35 OECD and emerging-market countries. Figures are converted and expressed in 2021 U.S. dollars per hour using purchasing-power parity (PPP) to level out cost-of-living differences. The data for this visualization comes from a blend of publicly… — Continue at ZeroHedge News : Read More
