The federal minimum wage of the United States is $7.25 an hour. This is the baseline that all states have to abide by. This does not mean that the minimum wage in all states is $7.25 an hour but it is the baseline that each state cannot drop below. The minimum wage in the United States should be raised to at least $15 an hour in order to support the economy and increase the standard of living.
When the minimum wage was introduced in 1938 with the Fair Labor Standards Act it was met with acclaim. This is because it eliminated underage child labor which was widespread in the 1930’s. It also stated that the minimum wage would increase with inflation inflation the minimum wage would also increase, which it has over the last century. However, aAs of late the minimum wage has not kept pace with …show more content…
This has led to a movement to increase the minimum wage to $15 an hour for all workers. This would allow for a decrease in poverty and an increase in overall well being in Americans. Americans would be able to afford better housing that is closer to their work which would lead to a decrease in lateness and tiredness on the job. An increase would also allow for workers without health care to afford it more easily thus reducing sick days and days off from work because they would be able to afford better medication, and be able to treat their bodies better. In a study done by Economic Roundtable on the effects of increasing the minimum wage to $15 an hour in LA county it was shown to have good socioeconomic impacts on the area. There would be more stable housing, reduced costs that come with training a new employee, and less employee turnover. Most of the people in LA county that are earning less than
When the minimum wage was introduced in 1938 with the Fair Labor Standards Act it was met with acclaim. This is because it eliminated underage child labor which was widespread in the 1930’s. It also stated that the minimum wage would increase with inflation inflation the minimum wage would also increase, which it has over the last century. However, aAs of late the minimum wage has not kept pace with …show more content…
This has led to a movement to increase the minimum wage to $15 an hour for all workers. This would allow for a decrease in poverty and an increase in overall well being in Americans. Americans would be able to afford better housing that is closer to their work which would lead to a decrease in lateness and tiredness on the job. An increase would also allow for workers without health care to afford it more easily thus reducing sick days and days off from work because they would be able to afford better medication, and be able to treat their bodies better. In a study done by Economic Roundtable on the effects of increasing the minimum wage to $15 an hour in LA county it was shown to have good socioeconomic impacts on the area. There would be more stable housing, reduced costs that come with training a new employee, and less employee turnover. Most of the people in LA county that are earning less than