Highest Minimum Wage 1960-2026 | Luxembourg $15.50/hr vs Cambodia $0.35/hr — 44× Gap 💰

Which country has the HIGHEST minimum wage on Earth? Luxembourg — $15.50/hour. Australia $15.20. Ireland $14.50. France $13.50. Meanwhile in Cambodia? $0.35/hour. That's a 44× gap between richest and poorest. Watch how minimum wages exploded across the world from 1960 to 2026.

In 1960, the USA had the world's highest minimum wage at $1.00/hour (Eisenhower era). Today it's still $7.25/hour — frozen since 2009 at the federal level. Meanwhile Europe surged ahead: Luxembourg, France, Belgium, Netherlands all crossed $13/hour. Australia introduced the world's first minimum wage in 1907. Germany only introduced a federal minimum in 2015 — and rocketed from €8.50 to €13/hour in just 9 years.

⚡ Key moments:
• 1938 – USA first federal minimum wage ($0.25/hr)
• 1960 – USA #1 globally ($1.00/hr)
• 1970 – Western Europe catches up to USA
• 1980 – Luxembourg overtakes everyone
• 2009 – USA freezes at $7.25 — still there in 2026
• 2015 – Germany finally introduces minimum wage
• 2020 – Australia maintains world's strongest wage protection
• 2024 – Luxembourg hits $15/hour — historic milestone
• 2026 – 44× gap between Luxembourg and Cambodia

💰 Did you know?
- Luxembourg's $15.50/hour = €120/day = $31,000/year minimum
- USA's $7.25 has lost 40% buying power since 2009 (inflation)
- Cambodia's garment workers earn $200/month for 6-day weeks
- Australia introduced minimum wage in 1907 — first country ever
- France's minimum (SMIC) automatically rises with inflation
- Germany's minimum wage created 5 million jobs (2015-2024)

⏱️ Chapters:
0:00 The $44× minimum wage gap
0:30 1960s — USA leads the world
1:30 1980s — Luxembourg overtakes everyone
2:30 2009 — USA freezes at $7.25 forever
3:30 2015 — Germany joins the race
4:30 2026 — Luxembourg #1 at $15.50/hour

📊 Data sources:
• OECD Minimum Wage Database
• ILO Global Wage Report
• Eurostat Minimum Wage Statistics
• National labor ministries

🤖 AI disclosure: This video was created with AI assistance.

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