News

30 March 2016 - Labor costs could stop rising this year in emerging economies where governments prefer preserving their comparative advantage, therefore supporting a slowing down economic growth. China is even giving signs that its minimum wages could be raised in a more flexible manner in the coming years. Our report displays minimum wages in a large number of apparel manufacturing countries, with latest data updated as of April 1st in US$ terms, compared with January 2015 and January 2014. Minimum wages in local currency units are also released for most countries.