it would make nurses etc worse off than people on min wage once student loan payments are taken away. Nobody will do it.
Its not, IMO the hourly wage that matters in practical terms. Its regional property bubbles, unfair contracts, all that other complex stuff that cant be sorted with one swift action.
Raising the hourly rate alone (without tackling the complex stuff) will force employers to offer fewer full time permanant contracts etc... leaving people worse off than before
In my region, business rates are crippling. Busy/popular businesses are being forced to shut because of rates. They will just fold that bit sooner of wages are raised without the wrap around changes that would support it