Nov 09, 2011INSM-ambassador Karl-Heinz Paqué is dean of the faculty of economic sciences at the Otto-von-Guericke-University in Magdeburg. On INSM.de he explains why a comprehensive wage floor would jeopardize the accomplishments on the labor market that have been achieved in recent times. And why studies that allegedly prove that industry-wide minimum wages do not jeopardize jobs are not an argument for the introduction of a comprehensive wage floor.
Oct 31, 2011The Initiative for a New Social Market Economy (INSM) has great concerns about the minimum wage plans of the CDU. “A statutory minimum wage now means to change course just when the great goal of full employment has come within sight”, says INSM chief executive Hubertus Pellengahr.
May 31, 2011This May, only 2.960.000 persons were unemployed in Germany. The number thus dropped below the three million mark which makes the current estimate the best May reading since 20 years. Unfortunately, however, the federal agency for labor and trade associations also declared that more and more sectors and regions are lacking skilled labor. The INSM has built a full employment tower in Berlin to symbolize what would happen if the skilled labor gap is not closed as fast as possible.
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