The Negative Effects of the Minimum Wage on Non-University Educated 18-21 Year Olds in the UK

The Negative Effects of the Minimum Wage on Non

My report on the effects of the UK’s minimum wage on unskilled, young workers in the labour market. Within the report, I find significant negative effects on this demographic, including increased unemployment and underemployment occurring since 2001, as well as disemployment effects due to reduced small business growth. I recommend sensible, politically astute reforms in the conclusion that could mitigate these effects, and reduce the distortionary power of the minimum wage.

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