{"id":4409,"date":"2013-08-21T00:29:29","date_gmt":"2013-08-21T04:29:29","guid":{"rendered":"http:\/\/www.indexmundi.com\/blog\/?p=4409"},"modified":"2013-08-26T13:28:26","modified_gmt":"2013-08-26T17:28:26","slug":"minutes-of-minimum-wage-work-to-buy-a-big-mac-burger","status":"publish","type":"post","link":"https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/","title":{"rendered":"Minutes of Minimum-Wage Work to Buy a Big Mac Burger"},"content":{"rendered":"<p style=\"text-align: justify\"><a href=\"http:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/08\/minutes-of-work-for-a-big-mac.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-4410\" alt=\"minutes of work for a big mac\" src=\"http:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/08\/minutes-of-work-for-a-big-mac.png\" width=\"1604\" height=\"1659\" srcset=\"https:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/08\/minutes-of-work-for-a-big-mac.png 1604w, https:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/08\/minutes-of-work-for-a-big-mac-290x300.png 290w, https:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/08\/minutes-of-work-for-a-big-mac-990x1024.png 990w\" sizes=\"(max-width: 1604px) 100vw, 1604px\" \/><\/a>Using the criteria of the <a href=\"http:\/\/www.economist.com\/content\/big-mac-index\">Big Mac Index<\/a> developed by <a href=\"http:\/\/www.economist.com\/\">The Economist<\/a> in 1986 as a way to measure if currencies are valued at the right level, the <a href=\"http:\/\/www.ibtimes.com\/minutes-minimum-wage-work-buy-big-mac-36-minutes-us-6-hours-afghanistan-1392339\">International Business Times<\/a> created this visualization showing how many minutes a minimum-wage worker needs to work in order to buy a Big Mac burger.<\/p>\n<p style=\"text-align: justify\">As it turns out, a minimum-wage worker in Afghanistan needs to work 372 minutes (6.2 hours) in order to buy a Big Mac burger. In contrast, a minimum-wage worker in Australia needs to work only 18 minutes to buy a Big Mac burger.<\/p>\n<p style=\"text-align: justify\">Source: <a href=\"http:\/\/www.ibtimes.com\/minutes-minimum-wage-work-buy-big-mac-36-minutes-us-6-hours-afghanistan-1392339\"><em>International Business Times: Minutes Of Minimum-Wage Work To Buy A Big Mac: 36 minutes in the US, 6 hours in Afghanistan<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span class='st_facebook' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='facebook'><\/span><span st_via='indexmundi' st_username='indexmundi' class='st_twitter' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='twitter'><\/span><span class='st_email' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='email'><\/span><span class='st_sharethis' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='sharethis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Using the criteria of the Big Mac Index developed by The Economist in 1986 as a way to measure if currencies are valued at the right level, the International Business Times created this visualization showing how many minutes a minimum-wage worker needs to work in order to buy a Big Mac burger. As it turns [&hellip;]<\/p>\n<p><span class='st_facebook' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='facebook'><\/span><span st_via='indexmundi' st_username='indexmundi' class='st_twitter' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='twitter'><\/span><span class='st_email' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='email'><\/span><span class='st_sharethis' st_title='Minutes of Minimum-Wage Work to Buy a Big Mac Burger' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/08\/21\/minutes-of-minimum-wage-work-to-buy-a-big-mac-burger\/' displayText='sharethis'><\/span><\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,15,6,24,165,29,31,32,7,19,166,30],"tags":[382,526,777,1239,778,1362,690,1363,1236,1237,1353,860,395,1238,386,225],"_links":{"self":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/4409"}],"collection":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=4409"}],"version-history":[{"count":13,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/4409\/revisions"}],"predecessor-version":[{"id":4415,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/4409\/revisions\/4415"}],"wp:attachment":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=4409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=4409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=4409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}