Cabinet Will Set New Minimum Wage Today - $470 Per Month Expected
Tuesday, December 27 2011 @ 05:11 PM UTC
Contributed by: Don Winner
Editor's Comment: In the last couple of months there have been meetings of a special commission that was supposed to try to reach a mutual consensus. Obviously the union leaders were asking for way too much money and a massive increase in the minimum wage (and that was not about to happen) and the business leaders proposed a much lower increase - while in reality they don't want to pay any higher wages at all. In the end it now falls to the Executive Cabinet Council to make the final decision, and that will be that. This issue comes up every two years.