The following is a 3 message exchange between 4 users
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Top Agreement
A minimum wage allows workers to have the basic right of labor, and adjusting it every year according to inflation could prevent the loss of jobs.
Workers should have basic right of labor, but adujusting the minium wage every year can be very unstable to the workers.
While it's understood that annual adjustments could introduce a degree of unpredictability, it's also important to consider the historical context. For instance, in Australia, wage adjustments are made annually based on inflation and other economic factors. This has not led to instability, but rather it has helped maintain a decent living standard for low-wage workers. Moreover, tying minimum wage to inflation has been an effective tool against poverty in countries like France. What could be a counter-solution to balance the need for a fair wage and the perceived instability annual adjustments might bring?
