Buy custom Effects Of The National Minimum Wage On Unemployment And Inflation 
    
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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 5 / 1212 | 
                
    
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The report also suggests that the NMW is now generally accepted, has been successful and is regarded as a key element of the UK labour market. The report further suggests that the increase is in line with pay settlements and faster than average earning growth and prices. The NMW has led to equality in jobs at the bottom pay scale and since its introduction, there has been an increase in employment of approximately 2million...
        
        
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The NMW has led to equality in jobs at the bottom pay scale and since its introduction, there has been an increase in employment of approximately 2million. Reports by LPC 2005 were that although the level of employment remained high, the UK unemployment levels have also risen over the last few months...
        
        
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