Why do we need a low en
Minimum wages
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In-work benefits set a floor on the level to which effective incomes can fall, which prevents a “poverty market” from developing. ... When there are in-work benefits, a legislated minimum wage is a subsidy floor.
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The purpose of minimum wages is to protect workers against unduly low pay. They help ensure a just and equitable share of the fruits of progress to all, and a minimum living wage to all who are employed and in need of such protection.
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