When averaged; the seven European Union (EU) countries in which no - TopicsExpress



          

When averaged; the seven European Union (EU) countries in which no minimum wage is mandated (Austria, Cyprus, Denmark, Finland, Germany, Italy, and Sweden), the unemployment rate is 7.9%. While high, it is far below the average unemployment rate of the 21 EU countries that do have hourly pay laws. The combined average unemployment rate for the countries with a minimum wage is 11.8%, more than a third higher. ~ Staffing Industry Analysts, March 25, 2014
Posted on: Mon, 05 May 2014 09:38:42 +0000

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