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28 Jan 2018
News / Poland in the European Union. Polexit? [559]
Poland's minimum wage only crossed 1000 zloty in 2006. So plenty of people were working for less than 50 zloty a day. Unemployment was nearly 20 percent so you could employ people for peanuts. Many employers did not even want to spend that 1000 and there was a thriving grey labor market. It was not "a bit poorer" than Germany, it was many degrees poorer. You would not know any of that because you were probably at school in Chicago.
Without a doubt inward investment revolutionised the labor market here and made local employers both raise their wages and behave themselves fairly.
Poland's minimum wage only crossed 1000 zloty in 2006. So plenty of people were working for less than 50 zloty a day. Unemployment was nearly 20 percent so you could employ people for peanuts. Many employers did not even want to spend that 1000 and there was a thriving grey labor market. It was not "a bit poorer" than Germany, it was many degrees poorer. You would not know any of that because you were probably at school in Chicago.
Without a doubt inward investment revolutionised the labor market here and made local employers both raise their wages and behave themselves fairly.