Swiss voters reject world's highest minimum wage: TV projection

Swiss voters on Sunday rejected the introduction of a minimum wage of $25 an hour, according to an early projection by Swiss television. Swiss voters have a history of voting against proposals they feel could hurt the country's economic success. Critics had said a minimum wage would hurt competitiveness and lead to job cuts. "There will be a clear no vote," Claude Longchamp of the gfs.bern research and polling institute told Swiss television SRF, saying he expected a 'yes' vote of around 30 percent or less given the preliminary results. Read More http://ift.tt/1lQsYwX