The one hundred and forty seventy weekly "No shit, Sherlock" award

This week's prize is awarded to the Low Pay Commission as reported in The Telegraph for this piece of stating the bleedin' obvious:

'The minimum wage may be pricing young people out of work because employers are finding it too expensive to give them their first job, Government pay advisers have said.

Firms may be reluctant to create jobs by recruiting inexperienced staff because they are put off by the increased wage bill, the Low Pay Commission has suggested.'

You mean to say that if you increase the price of something then the demand for that thing falls?

"No shit, Sherlock"