[thread] On Sunday, @UKLabour announced we’d be introducing a £10 Real Living Wage, regardless of age. Many welcomed this policy, but some questioned the impact that it would have on employment. Here is the recent history of commitments to the minimum wage / living wage: (1/6)
👉 In 1997, when the Labour government announced the introduction of a minimum wage, some employers & right–wing parties said there would be job losses en masse. (2/6)
🤔 What happened? Unemployment fell and there was no evidence that the minimum wage had any negative impact on employment. (3/6)
👉 In 2016, when the national living wage was introduced, some employers & business associations said there would be job losses en masse.(4/6)
🤔 What happened? The employment rate amongst the low paid rose at a faster rate than any other group and there was no evidence that the national living wage had a negative impact on employment. (5/6)
👉 In 2019, when the Labour Party announced it would introduce a Real Living Wage, employers & business groups said there would be job losses en masse… (6/6)
