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Geneva minimum wage is not hitting job rate

Friday, 8 December 2023 06:30

A Federal Study has determined that the minimum wage in Geneva has had no significant effect on the employment rate.

The impact of new cantonal law is being watched carefully in Bern as the CHF 24 an hour is one of the highest in the country.

Voters rejected a national minimum wage in 2014, convinced by the arguments that it would push up unemployment. 

The study by the Department of Economic Affairs does show there could be a small impact on males under 25 – but researchers say that may be down to more seeking work as the pay is more attractive. There seems to be no effect on women.

Five cantons have now introduced a minimum wage. The different rates is causing a headache for nationally negotiated contracts. 
 

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