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UK Youth Unemployment Czar Hints at Change in Minimum Wage
Source: Bloomberg
Regulation & LegislationConsumer Demand & RetailElections & Domestic Politics
A review of the UK youth-employment crisis may recommend slowing or reversing planned minimum-wage increases, according to indications from its author. The potential policy shift reflects concern that higher wage floors could be worsening employment prospects for young workers, with implications for labour-intensive employers and UK wage policy.
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