How the rising minimum wage could lead to more automation

Date: 09 January 2018
Publisher: The IFS

The minimum wage is rising rapidly. In 2015 4 per cent of employees aged 25 and over were on the legal minimum hourly wage of £6.70. Since then, George Osborne’s “national living wage” (NLW) policy has raised the wage floor to £7.50 and it is planned to reach 60 per cent of median wages in 2020.This blog piece discusses the possible impact of the higher minimum wage in light of new evidence on the automatability of new minimum wage jobs.

The full version of the article can be read on the Prospect website.