LETTER: Minimum wage has failed to deliver maximum benefits
08 October 2019 - 15:43
With reference to Tim Harford’s column (https://www.businesslive.co.za/ft/opinion/columnists/2019-10-07-beware-the-minimum-pay-hikes-that-put-everything-out-of-balance/) (October 7), he is correct in saying that “it is dangerous to view the minimum wage as a free lunch”.
Here in SA, the Treasury warned us that we would lose 750,000 jobs even though our minimum wage is incredibly low and far less than the federal minimum wage in the US...
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