Switzerland’s Financial Hub Passes $27 Minimum Hourly Wage

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Zurich city voters passed a minimum hourly wage, the latest effort in Switzerland to ensure people can live on their salaries.

The measure for 23.90 Swiss francs ($26.74) per hour was backed by 69.4% of voters in the Swiss financial hub, according to final government results published on Sunday. In Winterthur, a formerly blue-collar town near Zurich, 65.5% supported a similar proposal for 23 francs.

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