People think this David Cameron tweet is an April Fools' joke
LONDON -- It's April Fools' Day again and people are suspicious of everything they see online.
Maybe too suspicious as the irked reaction to Prime Minister David Cameron's tweet on Britain's new National Living Wage (NLW) shows:
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The new measure requires employers to pay workers aged 25 and over at least £7.20 ($10.32) an hour and is expected to give 1.3 million workers an immediate pay rise.
Campaigners for better pay and the TUC, the UK trade union body, have welcomed the policy, which was announced in last summer's budget by Chancellor George Osborne.
But some have warned that unemployment may rise as a result.
The independent Office for Budget Responsibility has estimated that 60,000 jobs could go by 2020.
Paul Johnson, director of the Institute for Fiscal Studies, told Radio 5 live: "This is going to have, in the longer run, a huge effect on the British labour market, because it's going to affect such a large fraction of workers."
He said that the policy will have a bigger impact in regions such as the North, North East and the South West than in London.
"It will have a ripple effect up the earnings distribution, because you will be taking the lowest-paid up to a level close to, or in some cases above, the next rung or two up the ladder."
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