Germany’s Scholz says raising of minimum wage a matter of respect

12 comments
  1. >German companies are already suffering acute labor shortages in many sectors of the economy, so higher wages are also seen as a way to attract more foreign workers.

    This is not right. Raising minimum wage does not do this.

    If a company were willing to hire a worker at a given rate and can’t obtain one at a lower rate, it can offer more. There’s no requirement that it offer no more than minimum wage. It doesn’t need the government to help it figure that out.

    Minimum wage is a *floor* on wages. It’s not a ceiling. A ceiling on wages can make it impossible to hire workers that otherwise could have been hired. A floor will not.

  2. “Respect” is one of his most frequent meaningless buzzwords he uses to fill his totally meaningless statements.

  3. Thats a 22% raise for the income-wise bottom 3% of the german labor force, or 1.4 mil. people. Another 12% of the german labor force benefits to a lesser degree.

  4. meanwhile nurses, people working in retirement homes, people working as caretakers are still quitting daily and getting huge burnout because they are working 80 hour weaks with shit pay and extremely hard conditions

  5. easy to say, but if you are not also raising productivity you are just making more people unemployed. automation is already making labour less important

  6. This is not even in place yet and still my union has negotiated a pretty hefty raise. Starting this month, someone Working 40h in my job will earn 250€ more than last month. That’s a raise of more than 5% for everyone, which is unheard of for this union and affects more than 160k people.

  7. Shouldn’t it be a matter of sound economic policy-making?

    Someone tell Sweden, Denmark, Norway, Iceland and Switzerland how evil they are and how much more respectful Germany is to their workers.

  8. The title implicates that every country seems to have it’s own “Scholz”. Germanys “Scholz” just happens to be the chancellor 😉

    Apart from that, as a German, I highly appreciate the raise of the minimum wage.

Leave a Reply