Tag #Wage Compression

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France Recommends No Further Minimum Wage Increase in 2025 Amidst Job Market Slowdown

France's job market slowed in late 2024, prompting experts to recommend against a further minimum wage (SMIC) increase in 2025 beyond the 2% rise on November 1st, 2024, despite the SMIC rising 17% since late 2020, exceeding inflation and impacting wage distribution.

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