| Abstract [eng] |
This master's thesis analyzes the impact of minimum wage policies on the unemployment rate. In view of the 2022 European Union directive obliging some member states that do not yet apply a minimum wage to introduce it, and those that do apply it to increase it to 60% of the median or 50% of the average wage, it becomes relevant to assess the consequences of these requirements on the market. The study evaluates the impact of both the introduction of a minimum wage and its increase on the unemployment rate. The results show that the introduction of a minimum wage can increase unemployment, but this effect is statistically significant only in the 15-24 age group, for persons with secondary or vocational education in some countries, as well as for employees with higher education. Meanwhile, increasing the minimum wage does not increase the unemployment rate. |
