Economist Reveals UK Middle Class Wages Stagnate as Minimum Wages Rise

What was said

"The sort of minimum wage is quite high in the UK. So we'll say like, you know, entirely unskilled work, like the kind of job a teenager could get, pays much higher in the UK than anywhere else in Europe and in the United States. It's really high. But then it's that kind of university-educated, like, you know, it's sort of the worst thing where if you're like a junior engineer, you might be earning, you know, 10% more than the guy making the coffees in the cafeteria."

Boyle identified a wage compression crisis where UK minimum wages are among the world's highest, but university-educated professionals earn only marginally more than unskilled workers. An American engineer reportedly laughs at London branch salaries. Combined with high student debt from increased university fees introduced 10-15 years ago, educated workers see no premium for their qualifications, creating widespread anger in the squeezed middle class.