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Unit 3 Micro: Low Pay in Supermarkets

Geoff Riley

24th February 2012

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The award-winning journalist Paul Mason provides this video report on low pay for hundreds of thousands of people who work for the big four supermarkets. I use this video when teaching monopsony power in the labour market. For many people, supermarket workers’ wages are being supplemented by state benefits such as child tax credits

In a related issue, Channel 4 news reports on Tesco buckling under pressure over its use of unpaid work experience staff - and announced they will now be paid - unlike the government’s work experience scheme

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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