Fears minimum wage rises will put more jobs at risk of automation
by Larry Elliott Economics editor from on (#3CB9F)
Institute for Fiscal Studies warns above-inflation increases give employers a greater incentive to replace workers with robots
Above-inflation increases in Britain's minimum wage are putting a growing number of workers at risk of being replaced by machines, one of the country's leading thinktanks has warned.
The Institute for Fiscal Studies (IFS) said the proportion of the workforce covered by the minimum wage was likely to triple to 12% between 2015 and 2020 - drawing in groups vulnerable to automation such as receptionists and shop checkout operators.
Related: UK's poorest to fare worst in age of automation, thinktank warns
Continue reading...