School of Economics | Does a National Minimum Wage reduce relative poverty?

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03 May Does a National Minimum Wage reduce relative poverty?

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Relative poverty reflects the fact that some sections of society have an income far lower (e.g. 50% less) than the average salary. A national minimum wage is a legal requirement. There are three levels of minimum wage, and the rates from April 2017 are: £7.50 for those...