A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legi
Estimated minimum wage effects on employment from a meta-study of 64 other studies showed insignificant employment effect (both practically and statistically) from minimum-wage raises. The most precise estimates were heavily clustered at or near zero employment effects (elasticity = 0).
A 2010 study published in the Review of Economics and Statistics compared 288 pairs of contiguous U.S. counties with minimum wage differentials from 1990 to 2006 and found no adverse employment effects from a minimum wage increase. Contiguous counties with different minimum wages are in purple. All other counties are in white.
Protesters in New York City call for an increased minimum wage as part of the "Fight for $15" movement to require a US$15 per hour minimum wage, 2015.
President of Argentina, Juan Domingo Perón, who introduced the minimum wage in 1945 as Secretary of Labour, and later reformed the Constitution to add the minimum wage
Gig workers are independent contractors, online platform workers, contract firm workers, on-demand workers, and temporary workers. Gig workers enter into formal agreements with on-demand companies to
Minimum wage
…legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions. Minimum wage policies can vary significantly…
A Deliveroo cycle delivery worker in Manchester, England
Travis Kalanick, former CEO of Uber, in 2013