Minimum Wage Research Paper

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The minimum wage is $7.25 in USA. Since 1938, when the minimum wage was first introduced (at a rate of $0.25 an hour), the federal minimum wage has increased 22 times. The minimum wage is the salary floor, or the lowest possible rate that employers can pay employees. Many people argue that it should be raised to at least $13. There are many different reasons why the minimum wage should not be raised. People believe the minimum wage should not be raised for these reasons:
Younger people don't work as much when the minimum wage is raised. In a 2011 report from the nonpartisan Employment Policies Institute, two university economists examined nearly 20 years of data containing 600,000 observations. They compared how each 10% increase in the minimum

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