The Low Pay Commission's (LPC) 2018 Report, containing analysis and evidence underpinning the LPC's National Living Wage and National Minimum Wage (NLW) recommendations, shows that 5 million workers received higher pay rises this year than they would have had without the implementation of the NLW. When the Government announced the NLW in 2015, it set a target of 60 per cent of median earnings by 2020, subject to sustained economic growth. The impact on wages shows how significant an intervention the introduction of NLW has been in the labour market. So far, the evidence suggests the NLW has been successful in raising pay without causing unemployment.
Read on: in English … The report: in English …
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