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Explain the impact of introducing the Minimum Wage on incentives to work The minimum wage was first introduced in the UK by the Labour government in April 1999. The rate then was £3.60 for adults over 22 and for 18-21 year olds it was £3.00. To this date the minimum wage rates have increased from £3.60 to £5.52 and £3.00 to £4.60. The reason the Labour government introduced this legislation was due to the number of low paid workers within the UK, and since the introduction of the minimum wage it has been reviewed and increased in the month of October of each year. In this essay I shall state clearly what impact the minimum wage has on the incentive to work for different groups of people for example, women, those who are from poorer backgrounds and unskilled. I shall also look at what impact it had on employment within UK...

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