Swiss voters say no to increasing minimum wage
Swiss voters have overwhelmingly rejected a proposal to introduce what would have been the highest minimum wage in the world.
The controversial matter was put to a referendum.
Under the plan, employers would have had to pay workers a minimum 22 Swiss francs an hour.
Supporters said the move was necessary for people to live a decent life.
However, critics argued that it would raise production costs and increase unemployment.
FOR MORE STORIES WATCH: