Fast-food workers went on strike recently in hopes of forcing politicians to raise the minimum wage. But how does the U.S. minimum wage stack up internationally?
Strategists at ConvergEx Group have compared minimum wages around the world using an unlikely tool: the burger.
"We wanted to see where the U.S. minimum wage ranked on an international scale, so we took a fairly well-known indicator, the Big Mac index, and compared burger prices to minimum wages in different countries," the researchers wrote in a note.
"It's near impossible to gauge apple-to-apples, of course, so we took a different route for comparison: How many hours does it take to earn a Big Mac at minimum wage?"