LETTER: National minimum wage comes back to bite advisers
Job losses started well before law was gazetted as individual and business employers anticipated the negative effects on their budgets
30 May 2019 - 05:05
Imraan Valodia and David Francis defend their primary role in advising the government to adopt the national minimum wage (NMW), which became law on January 1 (“Much too early to blame minimum wage for rising rate of joblessness”, May 24).
They submit a “not guilty” plea regarding the fact that Stats SA’s 2019 first-quarter figures show a leap in the broadly defined number of unemployed to a startling 9.994-million unfortunates, which included an additional 15,000 domestic workers...
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