Switzerland ?rejects world?s highest minimum wage?
According to calls from Swiss television reports, the projections show that Switzerland will not have the highest minimum wage. Claude Longchamp, a researcher and analyst for gfs.bern, told Swiss news stations that less than 30% of voters will be ?yes? votes. The polls used have about a 2% margin of error. The results aren?t surprising given the public sentiment that raising the minimum wage to that level may hurt Switzerland?s international competitiveness and the Swiss people?s long history of voting against measures that would negatively impact the country?s economy. Switzerland has only a 4.1% unemployment rate, but trade unions are disappointed at the results of the vote because ?330,000 people earn a wage from which they can?t live.?
See "Switzerland ?rejects world?s highest minimum wage?", Imogen Foulkes, BBC News Online, May 18, 2014