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RE: Results of the "What does it cost?" miniseries - Minimum Wage

in LeoFinance5 years ago

That's correct - even in developed countries people on a minimum wage are lagging behind. The minimum wage in the UK is based on two thirds of the median wage for the whole of the country. We also have a situation where even though a person is on a minimum wage (and may even have more than one job), they are often still dependent on welfare benefits to cover their living expenses.