Should Minimum Wage Be Market Driven or Government-Dictated?
Manufacturers and unions aligned with the ruling CPP yesterday said the current labor shortage inside the garment industry would act as an incentive for employers to increase salaries, and that there was no need for the government to impose a new minimum wage. During a meeting at the Social Affairs Ministry on Monday, the government ordered garment manufacturers to increase the $61 per month minimum wage, but insisted that unions – whose demands range from a new minimum wage of $93 to $150 per month – come to a unified amount first. …
