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Additionally, the link between unemployment, wages and inflation is not as direct as claimed. 1. A living wage does NOT increase unemployment or inflation in the long term. There is a very minor shock effect if it is increased too quickly, but even that is exaggerated.
May 9, 2025, 10:10 AM
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"text": "Additionally, the link between unemployment, wages and inflation is not as direct as claimed.\n\n1. A living wage does NOT increase unemployment or inflation in the long term. There is a very minor shock effect if it is increased too quickly, but even that is exaggerated.",
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