Minimum Wage

A minimum wage is the lowest remuneration that employers can legally pay their workers—the price floor below which workers may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century.Supply and demand models suggest that there may be employment losses from minimum wages. However, if the labor market is in a state of monopsony (with only one employer available who is hiring), minimum wages can increase the efficiency of the market. There is debate about the full effects of minimum wages.The movement for minimum wages was first motivated as a way to …

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The National Archives · 1 January 1982 English

A file of reports concerning the internal economic situation in Albania. The documents include a review of the Albanian economy for the years 1976–1980 and 1981–1985, covering national income, industrial …

the beginning _ rs ¿y o O . of Iyo2: - The minimum wage for agriculture and industry is set at 400


The National Archives · 1 January 1981 English

an employer in terms of lion to suspend all minimum wage rates set by wages productive output, whether


The National Archives · 1 January 1981 English

l i c i e s . r r i n c i o l e that the minimum wage lu s u r e s t to e s t a b l i s h the p


The National Archives · 1 January 1980 English

include all profes- « 1 sional groups. The minimum wage will be raised ismvoxSZ fCCTO. cc on 1 January


The National Archives · 1 January 1979 English

requiring foreign firms having offices etc in Poland to pay their locally recruited Polish staff a) not less than the minimum wages paid by rolish enterprises for similar duties, and b) a monthly special supplement of 50-/« on top of their basic


The National Archives · 1 January 1979 English

A file of correspondence and reports concerning the economic situation in Poland. The documents include a review of the economic results for 1978 and the first six months of 1979; …

helped increase the fund, as did a rise in the minimum wage from 1600 to 1800 zi. This last only happened


The National Archives · 1 January 1979 English

A file of correspondence and reports concerning the internal situation in Poland. The documents include details of sessions of the Sejm, the speeches of leading politicians, and plenums of the …

50% and there have been steps to raise the minimum wage from zi 850 in 1970 to zi 1800 in 1979. New


The National Archives · 1 January 1979 English

A file of documents concerning Soviet policy on human rights. Subjects discussed in the file include the number of religious believers in the Soviet Union; the availability of the texts …

officials "'I0-20 times or even higher than the minimum wage"), regional differences in wages for the same


The National Archives · 1 January 1978 English

A file of correspondence and reports concerning the Bulgarian National Party conference. A despatch on the conference included in the file covers proposals for a new method of planning and …

Minimum wages and their differentials would be increased for both skilled and unskilled workers (from 105 to 140 leva per


The National Archives · 1 January 1977 Bulgarian

A file of correspondence and reports concerning the internal situation in Bulgaria. The documents offer a detailed analysis of the 1976–1980 state plan, covering the industrial sector, agriculture, investment, manpower, …

to rise by only 3.7 per cent a year, with the minimum wage rising by 12.5 per cent by 1980. On the other


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