First, a little history on the subject. In the 1930’s, just after Word War 1 (1914-1918), the stock market crash of 1929 and in the midst of The Great Depression (1929-1939), there was an outcry for most employed people to earn a living wage, for the most simplistic jobs, this went on for many years. In the midst of the laws and acts of, then President, Franklin D. Rosevelt that was enacted under New Deal legislation, was The Fair Labor Standards Act of 1938 (FLSA; and also referred to as the …show more content…
At the bottom end of the recession, while fuel prices had skyrocketed, would have been a much better time to address this issue as appose to when the unemployment rate is down at an impressive rate. Instead, the response from the administration was reactionary, to worker strikes and friends in-between, namely, Gov. Cumo.
Some states have better guidance, for example, the state of Oregon, Oregon uses the U.S. City Average Consumer Price Index (CPI), to calculate the minimum wage. For Fiscal Year (FY) 2015, the minimum wage is set for $9.25 per hour, exceeding the federal minimum wage to meet the more defined demand of wages of that state’s cost of