VOICED : German businesses adapt to new minimum wage

The video discusses the introduction of a minimum wage in Germany, highlighting its impact on businesses, particularly small ones, and the economy. It explores how businesses have adapted by increasing prices and the potential job losses predicted by economists. The video also examines sector-specific effects, such as in hairdressing, and the overall impact on the German workforce, aiming to boost incomes without harming economic performance.

What changes were made to the contracts of the staff members at the Berlin restaurant due to the new minimum wage law?

How did Kathy Veltman feel about the reform of the minimum wage?

What were the expected consequences of the rise in salary costs for the restaurant?

What concerns did economists have regarding the impact of the minimum wage on the job market?

According to the German Labor Ministry, how many people will be affected by the minimum salary this year?