The national minimum wage – 25 years on

Machin, Stephen (2024) The national minimum wage – 25 years on. British Politics and Policy at LSE (01 Apr 2024). Blog Entry.

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Abstract

This month marks 25 years since a national minimum wage was introduced in the UK. Once a controversial policy, due to fears that it would lead to fewer jobs, it has instead proven to be highly successful. The minimum wage is now a fully accepted part of the labour market. Stephen Machin reflects on how the minimum wage has reduced wage inequality and what needs to happen next.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/politicsandpolicy/
Additional Information:	© 2024 The Author(s)
Divisions:	Economics
Subjects:	J Political Science > JN Political institutions (Europe) > JN101 Great Britain H Social Sciences > HD Industries. Land use. Labor
Date Deposited:	30 May 2024 09:30
Last Modified:	30 May 2024 09:30
URI:	http://eprints.lse.ac.uk/id/eprint/123484

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