Minimum wage for young apprentices

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The UK government made a pledge to increase the number of apprenticeships to three million by 2020 as part of a broader initiative to encourage more young people into vocational training. An apprenticeship is a system for training a new generation of practitioners of a trade profession with the on-the-job training and often some accompanying study. The minimum wage for young (16-18) apprentices was increased significantly in October 2015, from £3.30 to £3.90 per hour. Explore the effect of such an increase? Please add graphs to represent the effect. What data would you need to measure the effect of an increase in the minimum wage for young apprentices?

Reference no: EM132786808

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