What are some examples of minimum wage laws in different countries?
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What are some examples of minimum wage laws in different countries?
Countries have varying minimum wage laws. For instance, Australia has a high minimum wage of around AUD 20.33 per hour.
How does the minimum wage in the US compare to other countries?
In the US, the federal minimum wage is $7.25 per hour, which is significantly lower than in countries like France or Germany.
Are there any countries without a minimum wage?
Yes, countries like Sweden and Denmark do not have a national minimum wage, relying instead on collective bargaining.
What factors influence minimum wage rates in different countries?
Factors include cost of living, economic conditions, and political decisions, which vary widely across nations.
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