Minimum wage in Albania among the lowest in the World according WSI

Minimum wage in Albania among the lowest in the World according WSI

 Albania is characterised by the lowest minimum wages at global level, according to data of the Wirtschafts-und Sozialwissenschaftliches Institute (WSI), quoted by the World Economic Forum in a recent article titled "These countries have the lowest minimum wages."

The support for low wage workers is a key target for Governments, particularly after the financial crisis, which has worsened social inequalities in many countries. In Europe the talks about rising the minimum wage are focused on the level of growth at the beginning of 2019, at a time when in Albania the wages are ridiculous and often at the level of survival.

Greece - with 4 euros per hour wage - wages are four times more than our country and is ranked in last countries of Europe, after Argentina with 4.1 euros per hour.

The declarations by the Albanian Prime Minister that for 2018 the country's economy had a 4.3% increase did not affected the increase of Albanian wages, so one hour of work is equal to one euro, ranking in the last places of the Balkans and penultimate in Europe. But if Albania is in this extreme level, other countries have the minimum wage for one working hour same as a working day in Albania, and are increasingly demanding more.

On the other hand, in France, under the pressure of "yellow vest", Emmanuel Macron announced that the minimum wage would increase. At the same time in Australia at the top of the rankings, there is tension between the Labor Fair Commission, which sets the minimum wage and the trade unions wants more.  

Finally, relying on the recent report of the Wirtschafts- und Sozialwissenschaftliches institute (WSI), Albania ranks in the penultimate countries regarding the minimum hourly wage bill leaving behind only countries like Ukraine and Moldova.
Minimum wage in Albania among the lowest in the World according WSI Minimum wage in Albania among the lowest in the World according WSI Wednesday, January 02, 2019 Rating: 5
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