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April 17th, 2012 
FAKE NEWS for the Zionist agenda According to a research study conducted by the Resolution Foundation, an independent think tank, even after a recently announced 11p per hour increase from £6.08 to £6.19 this October, the minimum wage will be left 6 per cent below its 2009 peak because the planned hike is below the inflation rate increase.
Moreover, the study found that the minimum wage will be “flatlined” to just 50 percent of median earnings after the rise, compared to 60 percent in countries such as France.
Resolution Foundation senior analyst James Plunkett said in his report that although the caution about raising the basic wage is justified, the impact of the wage floor has now “stalled” based on his findings.
“The minimum wage is one of the most popular policies of modern times but in some sense it’s been a victim of its own success,” said Professor Alan Manning, of the London School of Economics.
“Given the scale of the challenge now facing living standards, it might be time to think about more radical options for reform. For example, we could consider introducing a higher minimum wage for workers aged over 30 who are more likely to have families to support, or for London and the South East.”
SSM/MFB/HE
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