5/18/2014

Switzerland votes on world's highest minimum wage

Swiss voters are taking part in a referendum on Sunday on whether to introduce what would be the highest minimum wage in the world.

If approved, employers would have to pay workers a minimum 22 Swiss francs (about $25; £15; 18 euros) an hour.

Supporters say the move is necessary for people to live a decent life.

But critics argue that it would raise production costs and increase unemployment because young people would find it more difficult to get work.

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