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🔗 Source: cep.lse.ac.uk
📊 Size: 327 KB
📄 Pages: 44 pages
⬇️ Downloads: 46

Summary

The UK introduced a National Minimum Wage (NMW) in April 1999, affecting low-wage sectors like residential care homes. This study examines the impact of the NMW on wages and employment in the care homes industry, which has a large number of low-paid workers. The results show that the minimum wage significantly raised wages, reducing wage inequality, and had some evidence of employment and hours reductions, but no effect on home closures.

Description

The UK introduced a National Minimum Wage (NMW) in April 1999, affecting low-wage sectors like residential care homes.

Technical Information

  • File Format: PDF
  • File Size: 327 KB
  • Pages: 44
  • Language: EN
  • Total Downloads: 46
  • Last Updated: 3 weeks ago

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