Catholic group says Hong Kong sets minimum wage too low
CWN - November 11, 2010
Hong Kong’s minimum wage is too low, according to the Catholic Commission for Labor Affairs. The group argues that the minimum wage of $28 an hour, which will go into effect for the first time in May 2011, will leave many workers in poverty.
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Posted by: polish.pinecone4371 -
Nov. 11, 2010 9:38 PM ET USA
Please note that the $28/hour is in Hong Kong dollars. The most current exchange rate is $1.00 HK equals $0.13 U.S. That's 13 cents. So the minimum wage is $3.64/hour. It doesn't take much imagination to see why the bishops would say what they did.