In Geneva, an initial evaluation of the introduction of the minimum wage at the end of 2020 shows no overall impact on the rate of unemployment in the Swiss canton.
Other studies to evaluate the impact of the minimum wage experiment, particularly on salaries, have yet to be undertaken.
The unemployment rate for young people under 25 even seems to be slightly higher than it would have been without the introduction of the minimum wage. The study carried out at the request of the canton by a team from the University of Geneva and the Geneva School of Business Administration (HEG) was presented to the press on Thursday. ...