Wage against the machine: the distortions of minimum pay

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  The Economist Hello and welcome to The Intelligence from The Economist.

• 00:13

  I'm your host Rosie Bloor.

• 00:15

  Every weekday we provide a fresh perspective on the event shaping your world.

• 00:24

  Writing a cover letter is a horrible task.

• 00:27

  How to sell yourself as the perfect candidate who meets all the requirements and is also a brilliant person to work with.

• 00:33

  It's more wonder that many of us now use AI to help.

• 00:37

  But where exactly does this get us?

• 00:41

  And if you were one of those people who virtually danced in the streets when kids were allowed back into school during the pandemic,

• 00:48

  this story is utterly confounding.

• 00:50

  In one county in Florida, one in every 15 children is homeschooled.

• 00:55

  Our correspondent reports.

• 01:01

  First up, though.

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  No matter which side of the political divide you're on...

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  Who raised the minimum wage, putting £1400 in the pockets of the lowest-paid labour?

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  And no matter the political era...

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  The prospects of young people would be blighted by Labour's minimum wage policy.

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  The minimum wage and how best to implement it...

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  is a regular topic of debate.

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  There's an argument that minimum wage is too high for younger workers.

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  In recent years, many governments have repeatedly increased the minimum wage.

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