Could raising minimum wage lead to higher unemployment?

0 views
0%

Could raising minimum wage lead to higher unemployment?

The chancellor has chosen to raise minimum wage but has frozen the threshold for employers’ National Insurance contributions, meaning it could cost firms significantly more to hire new low-paid staff than it previously did.

Reporter Lewis Denison asked Rachel Reeves if it could drive up unemployment.

• Subscribe to ITV News on YouTube: http://bit.ly/2lOHmNj
• Get breaking news and more stories at http://www.itv.com/news

Follow ITV News on TikTok https://www.tiktok.com/@itvnews?lang=en
Follow ITV News on Instagram: https://www.instagram.com/itvnews/
Follow ITV News on Facebook: https://www.facebook.com/itvnews/
Follow ITV News on X: https://twitter.com/itvnews

Date: November 27, 2025