Total unemployment is 2.7 million, while youth unemployment is now over a million. How much of this is caused the National Minimum Wage ?
In the 60's there was full employment, wages were high, and there was no minimum wage.
Now we have the National Minimum Wage unemployment is 2.7 million, and wages are lower than they were in the 60's in relation to house prices.
The gap between rich and poor has got much wider since we have had the National Minimum Wage.
The wages of the highest paid in a business is now often 100 times the lowest paid worker.
In the 60's we had a huge manufacturing base. Now it has gone and I was wondering how much of that lost manufacturing is the result of having the National Minimum Wage.
As far as I know all political parties support the National Minimum Wage, so I am not stating the official policy of any political party.