the last time minimum wage was changed was in 1938.
when was the last time minimum wage was changed?
1938
section::::minimum wage law by country.:germany.





















































germany’s national minimum wage law ("milog" - "mindestlohngesetz") came into force on 1 january 2015, introducing germany’s first nationwide legal minimum wage to the amount of €8.50 per hour. the german minimum wage level will be updated every other year by a minimum wage commission and acceptance by the government. since a legal minimum wage law is a derogation of the constitutional right of a collective tariff autonomy, it is discussed whether and to what extent the minimum wage is consistent with the constitution.





















































section::::minimum wage law by country.:hong kong.
minimum wage law
kim chang-hwan, a professor of sociology at the university of kansas, usa, also objected to ju jin-hyung's argument. in his blog he wrote, "the effect of the minimum hourly rate on the labor market is not established academically. the theory of economics suggests that if the minimum hourly rate is increased, the employment rate decreases. but the reality is that the minimum rate is cleaner than the theory." he also pointed out that there is a disagreement about whether it is bad for employment to decline by raising the minimum wage, and that high wages have the effect of promoting structural reforms and forcing productivity improvements. he said, "if businesses and self-employed people who can not afford the minimum wage are closed, the capital is absorbed into capital that can give more than the minimum wage, rather than being publicly decomposed. in this case, the productivity of the economy as a whole is improved and structural upgrading is forced." professor kim also pointed out that the conservative press, which is promoting the 'minimization of employment by the minimum wage', is using the 'minimum wage increase' as a means of ideological struggle even though the new minimum wage is not applied yet. and he criticized ju jin-hyung, "if the minimum wage increase was a big problem, you should criticize the increase by 9% over 1989 and 12 times over 30 years. until now, you have been quiet, but once the minimum wage raised the 16%, you can not criticize the minimum wage increase policy. if the korean economy was ruined because the minimum wage was high, it would have been ruined."
minimum wage in south korea