The minimum wage – the big sectoral and regional problems remain
The mechanism for fixing the minimum wage to the average is entering its second year, and we already know its level for 2025 - at least if there is no political decision to cancel the rule by the end of the year. At this stage, there are no particular observed changes in the labor market as a result of the introduction of the formula, but the large regional and sectoral differences in the effect of the minimum wage require rethinking the model to introduce more factors.