Britain | Bagehot

Britain’s big squeeze: middle-class and minimum-wage 

The strange politics of wage compression 

Wages, a doctor and a student being compressed in a vice
Illustration: Nate Kitch

For young high-flyers with an interest in marine conservation, it is the perfect gig. A charity is hunting for eager graduates (with at least a high upper-second degree and excellent A-level results, naturally) to work full time as a guardian of the ocean. At £25,300 ($32,110), the annual pay is typical for a graduate role. Come April next year, it will also be near the minimum wage.

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This article appeared in the Britain section of the print edition under the headline “The big squeeze”

From the November 16th 2024 edition

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