Essay On Minimum Wage Benefits

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III. Higher Payout Benefits Businesses

With the inadequate minimum wage, many American families are battling to get by. Today’s constant increasing costs of housing, child-care, and health-care have pushed minimum-wage workers and their families into a position to choose between certain basic needs just to survive.

According to the Census, by 2020, people who are twenty years of age and over make up eighty nine percent of workers who would be affected by the minimum wage rate. Increasing minimum wage is necessary and crucial in order to improve the social mobility, minimize social inequality, and boost economic recovery. Productivity and yield will increase to compensate employees with higher wage rates in companies. Higher income gives

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