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Raising the minimum wage: economic and fiscal impacts

Produced by the Office of the Chief Executive
Authored by Oxera and published on 22 Jun 2017
Cost: £20,000.00

Summary

The report estimates the potential economic and fiscal impacts of a significantly higher minimum wage in Jersey. It examines the impact of increasing the minimum wage to 45% of mean weekly earnings, or 60% of median weekly earnings. This corresponds to increases of 10% and 17% respectively in the 2017 rate of £7.18 per hour.

Raising the minimum wage: economic and fiscal impacts on States Assembly website