Jeffrey Dorfman's blog

The ‘minimum wage’: There’s no such thing as a free lunch

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Last month (May), voters in Switzerland voted by an overwhelming 76 percent to 24 percent to reject the establishment of Switzerland’s first minimum wage. The proposed wage floor was about $24 per hour and would have been the highest minimum wage in the world if the referendum had passed.

A large part of its rejection at the ballot box was a strong informational campaign by employer groups who explained that such a high minimum wage would mean many lower wage workers losing their jobs. Read More»

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