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But you ruined the economy.
Overnight;
High unemployment (leading to…)
Less domestic demand
Increased costs (leading to…)
Less international demand
miro_o-
Sounds like Brexit the way it is going...
If a living wage ruins the economy overnight, doesn't that mean your whole model is actually not workable?
The care sector will have serious employment issues (that's not just a UK issue btw, wages are also low in Germany and the Netherlands) with the current system.
The UK anti immigration voters don't want the immigrants.
Ok no they can come for 20.5K which is over minimum wage...which local workers get.See the problem right there?
JWestland
Indeed :)
But that means immigration also reduces as jobs are filled locally and may fix the chronic low wage economy as well, right?
Cos too many immigrants = lower wages (is it?) why not up the wage then?