minimum wage went up in nj in 1992.
minimum wage went up in nj in 1992.
when did minimum wage go up in nj?
1992
minimum wage in kazakhstan









































minimum wage in kazakhstan is set by a law that established the nationwide minimum wage. according to kazakh sources, minimum wage in kazakhstan in 2010 was 14592 tenge (about $38 usd). after that it increased to 21364 tenge (about $55 usd) in 2015.









































the current minimum wage in kazakhstan, which was set on january 1 2017, equals 24,459 tenge (about $63 usd).
minimum wage in kazakhstan
kim chang-hwan, a professor of sociology at the university of kansas, usa, also objected to ju jin-hyung's argument. in his blog he wrote, "the effect of the minimum hourly rate on the labor market is not established academically. the theory of economics suggests that if the minimum hourly rate is increased, the employment rate decreases. but the reality is that the minimum rate is cleaner than the theory." he also pointed out that there is a disagreement about whether it is bad for employment to decline by raising the minimum wage, and that high wages have the effect of promoting structural reforms and forcing productivity improvements. he said, "if businesses and self-employed people who can not afford the minimum wage are closed, the capital is absorbed into capital that can give more than the minimum wage, rather than being publicly decomposed. in this case, the productivity of the economy as a whole is improved and structural upgrading is forced." professor kim also pointed out that the conservative press, which is promoting the 'minimization of employment by the minimum wage', is using the 'minimum wage increase' as a means of ideological struggle even though the new minimum wage is not applied yet. and he criticized ju jin-hyung, "if the minimum wage increase was a big problem, you should criticize the increase by 9% over 1989 and 12 times over 30 years. until now, you have been quiet, but once the minimum wage raised the 16%, you can not criticize the minimum wage increase policy. if the korean economy was ruined because the minimum wage was high, it would have been ruined."
minimum wage in south korea