Labour Market Outlook Q2 2024 - Happy 25th Birthday To The Minimum Wage

The Caithness Business Index has posted the following article:

Labour Market Outlook Q2 2024 - Happy 25th Birthday To The Minimum Wage

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This year's minimum wage uprating is large: roughly 1.6 million workers stand to benefit directly on 1 April when the adult rate rises to £11.44 - giving a cash increase of 9.8 per cent and a real-terms increase of 7.8 per cent. These are the third largest annual increases in the minimum wage's history. [Read Full Article]