New #GE2019 analysis, funded by @NuffieldFound: ifs.org.uk/election/2019/…
There are particular risks to having very high minimum wages for young employees, as many may struggle to find employment at those wages.
64% would be expected to earn less than the £10 an hour proposed by Labour in 2020.
Many minimum-wage workers live with higher-earning household members, and household incomes depend on the hours people work as well as their hourly wages.
Read more: ifs.org.uk/election/2019/…