Archive for 25 February 2013

The U.S. ranks 23rd in wage distribution

25 February 2013 1 comment

According to the OECD, a full-time American worker paid at the federal minimum wage of $7.25 per hour earns 38% of the median wage in the United States. That is enough to make the United States tied for twenty-third with Japan out of twenty-five OECD countries ranked in that category. Turkey ranks first, with a minimum wage-to-median wage ratio of 0.71.

Preview of “Minimum to Median Wage.xlsx”