Tuesday, April 17, 2012

17/4/2012: EU27 - Minimum wages v unemployment

A very good infographic on relationship between minimum wages and unemployment from one of the blog readers linked here. Please keep in mind: correlation does not mean causation. There is much of a debate in economics as to the causal links (or their absence) between minimum wages and unemployment (general unemployment, rather than age-specific and skills-specific).
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