Brad Olsen: Infometrics Chief Economist on the increased living wage

An increase to the living wage could look to help improve the labour market. From September first, it will jump to $26 an hour, $3.30 above minimum wage. It's an almost 10-percent rise since last year. Infometrics Chief Economist Brad Olsen told Kate Hawkesby that we could see businesses re-evaluate the offers they put on the table. He says paying the living wage could be a way of securing an employee from another business that isn't offering it. LISTEN ABOVESee omnystudio.com/listener for privacy information.