Len Shackleton writes for CapX
In the article Len argues that there are many concerns economists have about minimum wages is their possible effects on young people’s entry into the labour market. The proportion of young people undertaking paid work while at school or in higher education has been falling, although it is known that such work gives an advantage when seeking ‘real’ jobs after graduation.
Gradually rising minimum wages – especially if we were to take the advice of the Living Wage Campaign and pay all young people at adult rates – may close off this possibility.
Read the full article here.