Archive

Posts Tagged ‘minimum wage’

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”

The U.S. ranks 10th in purchasing power of minimum wage

23 February 2013 1 comment

According to the OECD, the U.S. federal minimum wage of $7.25 makes the United States rank tenth out of twenty-three OECD member nations in terms of the purchasing power of minimum wage. Luxembourg ranks first with a minimum wage purchasing power parity (PPP) of $11.36.

Preview of “Purchasing power of minimum wage.xlsx”

 

The U.S. ranks 11th in minimum wage

23 February 2013 4 comments

According to the OECD, the U.S. federal minimum wage of $7.25 per hour is enough to make the United States rank eleventh out of the twenty-four member nations of the OECD ranked in that category. Australia ranks first, with a minimum wage equivalent to $15.75 USD.

Preview of “Minimum Wage.xlsx”