To ask His Majesty's Government what assessment they have made of the impact of the increase in minimum wage on 1 April on the number of job vacancies.
Answered on
15 April 2025
As set out in the Impact Assessment accompanying the 2025 National Minimum Wage and National Living Wage (NLW) rates, the economic literature to date shows that increases to the NLW have had a limited impact on labour demand.
There were around 816,000 vacancies in December 2024 to February 2025, broadly unchanged on the quarter, based on the latest official data.
Answered by
Department for Business and Trade