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Minimum Wages

Volume 201: debated on Tuesday 14 January 1992

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To ask the Secretary of State for Employment what assessment he made of the job implications of a statutory minimum wages policy prior to the Maastricht summit.

A minimum wage set at the final level proposed by the Labour party of two thirds male median earnings could destroy over a million jobs if pay differentials were half restored. If differentials were fully restored up to two million jobs could be lost.