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Swiss Voters Consider $25 Minimum Wage

The first polling projections in Switzerland indicate voters have overwhelmingly rejected a mandate for the world's highest minimum wage - nearly $25 an hour. A national projection for Swiss television shows that referendum voters Sunday rejected - by about a three to one margin - what would have been the country's first minimum wage. Switzerland has some of the world's highest living costs and trade unions had sought in the balloting to require minimum salaries for workers...

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