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econoMAX - Who’s for a Living Wage?

Jim Riley

19th January 2013

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Robert Nutter explains that, over recent years, the fear that the minimum wage would cause increased unemployment has not materialised, although since the start of the current economic crisis employers have expressed some concerns that employment may be affected in low paid jobs. Another concern has been the belief that a national minimum wage is inappropriate for an economy where costs and labour market conditions vary significantly between regions. The national minimum wage may perhaps provide a living wage in North-East England but certainly not in London.


This article was recently published in econoMAX, tutor2u’s digital magazine for A Level Economics. Schools and Collegessubscribing to econoMAXare able to access the entire archive of hundreds of similar articles and can download, save, print and share hi-res PDFs of each resource.

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.