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Swiss Reject World’s Highest Minimum Wage of $25 Per Hour

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Swiss voters rejected the world’s highest national minimum wage, striking down a proposal for an hourly rate of 22 francs ($25).

The initiative was opposed by 76.3 percent of voters, the government in Bern said yesterday. Polls, including one by gfs.bern, forecast that outcome.

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Swiss Reject World’s Highest Minimum Wage of $25 Per Hour