Swiss voters reject minimum wage to rise considerably

Note: This section contains information in English only.
Source: Bloomberg
According to the national referendum data in Switzerland, voters opposed the idea of introducing the highest minimum wage in the world, amounted 22 francs per hour. The idea received a denial of 76.3% of citizens, who came to vote. The Economy Minister of the country said that the rejection of such a large minimum wage will protect the rural and economically weak regions from jobs cuts.
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