Tuesday, November 25, 2014

Minimum Wages

America's working poor is interesting topics because working condition seems to be alike in both US and Japan.

According to The Huffington Post, minimum wage in US is around $8/hour, and this is very close to that of Japan.

http://www.huffingtonpost.com/nora-t-akins/the-hourly-rate-of-povert_b_5837780.html

http://www.mhlw.go.jp/stf/seisakunitsuite/bunya/koyou_roudou/roudoukijun/minimumichiran/

In addition to them, in Philippine, most areas have around $7/day besides Manila.

http://www.nwpc.dole.gov.ph/pages/statistics/stat_current_regional.html

President Obama is trying to raise the wages up to $10/hour in two years because the hourly poverty level is now $9/hour.

Now we know that the wages in working class is almost the same in both US and Japan, and that those in US and Japan are 8 times higher than that of Philippine.

Other question is; " is the productivity 8 times higher?" , or "are daily life cost and living cost 8 times higher?"

I need further investigation and I will report it when I have done.

No comments: