Taken from www.ycl.org.uk
The TUC’s call for a pay cut for workers earning the minimum wage has been accepted by the government. The TUC had requested that the National Minimum Wage be increased by 3%, far below inflation, whilst workers wait for economic growth ie. more profitable monopolies. Consequently the full rate of the NMW has been increased by 2.5%, the rate of 18-20 year olds has been increased by 1.2% and the rate for 16 & 17 year olds by just 1%.
Inflation for September 2011 stands at 5.6% and that is the minimum amount by which the cost of living has increased.
YCL Acting General Secretary, Mick Carty, said that “the least young workers can accept is a TUC that promotes their interests not one which ignores the fundamental class antagonism in society and continues to attempt to find a compromise with the monopolies”.
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