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replied 2366d
As far as I know, unions in for example switzerland focus more on setting baselines for skill/experience, but they are also much less prominent than in places like the U.S.
replied 2366d
The same reason why minimum wage laws always hit those who are at the bottom, they are no longer able to get a foot in the labor market for various jobs as they can not enter a minimum
replied 2366d
The result is the same in the sense that it sets up artificial barriers to entry by pricing out entry into the fields for those who are at the bottom, it is a way to limit competition.