The National Living Wage: Jeopardising 60,000 Jobs

The implementation of the National Living Wage risks 60,000 jobs, specifically harming vulnerable, low-skilled workers.

Watch the IEA's Ryan Bourne, Nerissa Chesterfield, and Diego Zuluaga explain how the Chancellor's new wage policy plays a risky game with people's livelihoods.

You can also read Ryan's analysis of the consequences over at the IBTimes.

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Research - 6 Mar 2016
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Research - 2 Mar 2016
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Economic Affairs - 29 Feb 2016
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By Philippe Legrain, 7th Apr 2016 ( comments)

Even if subsidised Chinese firms are selling their surplus steel at a loss, that is scarcely a reason to slap “anti-dumping” duties on it. Cheap steel imports are a boon for Britain’s manufacturers and construction industry, and hence ultimately for consumers. Protectionist taxes that push up the cost of steel would damage the rest of the economy. That American policymakers have slapped massive anti-dumping duties on Chinese steel is scarcely a compelling argument to do likewise. If other countries want to shoot themselves in the foot, must we follow?

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