Hong Kong introduces a minimum wage Hong Kongs first minimum wage is set at $HK28 an hour$HK5

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Hong Kong introduces a minimum wage Hong Kong’s first minimum wage is set at $HK28 an hour—$HK5 less than labor unions wanted, but $HK5 more than the employers had offered. About 315,000 people will be affected by the new wage.

Source: The Economist, January 11, 2011

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Foundations Of Microeconomics

ISBN: 9780063076280

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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Question Posted: Nov 07, 2024 08:00 AM

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Hong Kong introduces a minimum wage Hong Kongs first minimum wage is set at $HK28 an hour$HK5

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Foundations Of Microeconomics

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