An study of National Minimum Wage (NMW) increases before, during and after the recession.
This report looks at NMW increases during the recession and immediately afterwards (2008-2010). It compares them with the impacts estimated for 2003 to 2007.
The study, made for the Low Pay Commission by the Institute for Social and Economic Research, concentrates on 3 outcomes:
- employment retention
- changes in working hours among employees
- the job-finding probability of the unemployed