A government-appointed commission announced that Germany would raise its minimum wage twice over the next two years. The move would give Germans the second-highest minimum wage in the EU, after Luxembourg.
A government-appointed commission announced that Germany would raise its minimum wage twice over the next two years. The move would give Germans the second-highest minimum wage in the EU, after Luxembourg.
I don’t understand why you claim it would be impossible to reach the definition?
A simple constructed example: if the median income is € 20 by hour. A minimum wage of, say, € 15 would be considered safe. Why is that impossible?
A quick Google search shows me Destatis.de claims the median wage in April 2023 was € 24.59. Then 60% of that would be € 14.75. I would assume the median has increased a bit from 2023, and will increase further towards 2027, but I would from these numbers expect € 16 to for example be high enough to be considered safe from poverty, which isn’t that much higher than the proposed number.
The neat thing about using the median instead of the mean is that increasing the minimum wage only affects those earning the least, and thus doesn’t directly affect the median.
He probably was thinking of the mean instead of the median. Just a typical brain fart.