(MENAFN) Politically driven minimum wage setting around the world is jeopardizing the wellbeing of economies, with bad consequences on both businesses and workers.
There are 3.4 billion people worldwide transitioning out of poverty, a population that can massively drive growth, thus higher wages and stronger safety nets is a necessity to insure this transition goes as smooth as possible.
Recent research has presented proof from countries like Brazil and Germany to show how a sustained rise in wage levels, aligned with prices, can benefit the private sector as well as governments and workers.
Based in New Delhi and Washington, D.C., JustJobs Network is one of the many private organizations devoted to conveying ways to create more and better jobs worldwide.
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