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Minimum wage
Yesterday the ONS reported a significant rise in the number of people out of work in UK. The government announced that the minimum wage is to get a modest increase in October.
With individuals and businesses suffering from the economic situation, wouldn't it make more sense for the minimum wage to be reduced when unemployment rises? The minimum wage should only rise when the economy is in good shape and unemployment is falling.
This entry was originally posted at http://tobyaw.dreamwidth.org/147994.html. Please comment there using OpenID.
With individuals and businesses suffering from the economic situation, wouldn't it make more sense for the minimum wage to be reduced when unemployment rises? The minimum wage should only rise when the economy is in good shape and unemployment is falling.
This entry was originally posted at http://tobyaw.dreamwidth.org/147994.html. Please comment there using OpenID.