Scrap the minimum wage for young people

posted by
February 17, 2011
Adam Smith Institute
by Eamonn Butler  
Posted in Commentary

"Youth unemployment -- and the same is true of immigrants and other minority groups -- is always worst when times are hard. Employers keep the best workers and shed the labour they do not value so much. And the fact is that young people are just not worth as much to employers as older workers. ... And yet government regulation forces employers to pay not less than £4.92 per hour for 18 to 20-year-olds and £5.93 for those 21 and above." (02/17/11)

http://tinyurl.com/652vk9f  

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