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The Economist
13 Nov 2024

Britain | Bagehot
Britain’s big squeeze: middle-class and minimum-wage
The strange politics of wage compression
For young high-flyers with an interest in marine conservation, it is the perfect gig. A charity is hunting for eager graduates (with at least a high upper-second degree and excellent A-level results, naturally) to work 35 hours a week as a guardian of the ocean. At £25,300 ($32,110), the annual pay is typical for a graduate role. Come April next year, it will also be near the minimum wage.
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