A $2.00 a hour maximum wage law would produce lots of new jobs.
RE: A $2.00 a hour maximum wage law would produce lots of new jobs.
Switzerland has NO minimum wage law.
Their latest unemployment rate is 3.5%.
Its per capita income is above $59,000
Singapore has NO minimum wage too. Their latest unemployment rate is 1.9%. The Gross Domestic Product per capita in Singapore was last recorded at 36897.87 US dollars in 2013.