Wednesday, 7 September 2011

Minimum Wage

Well I just read something on the minimum wage in Asia, I really didnt know if this was the "topic" we are blogging about but I put this as a start. In this article, which was posted on CNN's Business section, states that we the people are all equal in this battle on wages. On May 1st this year, the minimum wage in Hong Kong was finally stated at $3.60 an hour. Now, the people of Hong Kong fought for this information to be released in 1999. The Hong Kong government had 12 years just to say that their minimum wage was just $3.60 an hour. If this was me I know I would have fought for this also. Of course the government made excuses for the reason why they finally released this, which was that if they released this earlier they would have lost jobs. Now if I would have known that I was only making $3.60 an hour and compare that to making nothing I would have kept the job. The Union leaders dug dip into this info and found out that this was not even enough for the "low-income" families. They (Union Leaders) asked if Hong Kong could raise the minimum wage a dollar more. Now, what do you think the government of Hong Kong did? Well I tried to dig around to gain more information into this manner and the Hong Kong resources have not released anything new to this subject and that answer is a NO. May 7th Taiwan's government wanted a 3% increase in the minimum wage. The difference between Taiwan and other countries is that their wage keeps increasing. The big question of Taiwan's government is; will the minimum wage keep increasing? On the 8th of May Abhisit Vejjajiva, the Prime Minister of Thailand thought that it would be a good idea to say that the minimum wage should be increased by 25% over the next two years. These requests for increasing their wages is not just for the people's benefits but also for the governement standards. If the wages increase so does the government standards. This article ask for you to think about this, and how it affects you. Even though we are still in high school, this affects us in many ways than one.
http://business.blogs.cnn.com/2011/05/05/minimum-wage-motivations/?iref=allsearch
This is the link of the article..

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