Conservative Party (UK) others. Until 1999, Conservatives opposed the creation of a national minimum wage, as they believed it would cost jobs, and businesses would be reluctant to start business in the UK from fear of high labour costs. However the party have since pledged support and in the July 2015 budget, Chancellor George Osborne announced a national living wage of £9/hour, to be introduced by 2020, for those aged 25 and over. The National Minimum Wage in 2012 was £6.19 for over-21 year olds, so the proposed rises in National Living Wage by 2020 will represent a significantly higher pay for many.
Minimum wage in the United States referendum or legislative action. Using 2018 inflation-adjusted dollars, the federal minimum wage peaked at $11.77 per hour in 1968. If the minimum wage in 1968 had kept up with labor's productivity growth, it would have reached $19.33 in 2017. There is a racial difference in support for a higher minimum wage with most Black and Latino individuals supporting a $15.00 federal minimum wage, and 54% of Whites opposing it. In 2015, about 3% of White, Asian, and Latino workers earned the federal minimum wage or less. Amongst Black workers, the percentage was about 4%. Minimum wage legislation emerged at the