increase in minimum wage is it will greater the unemployment. According to a November 2015 Employment Policies Institute study, nearly 75 percent of U.S. economists oppose hiking the minimum wage to $15 per hour. They argue that raising the price of labor lowers firm demand for employees, thus leading to greater unemployment and poverty. (Evaluate Alternatives to Raising the Minimum Wage) Some small businesses cannot afford paying employees higher wages. Especially those who just started to open…
evidences firmly demonstrate that the combination of education and training is of significant importance in improving the quality of labor market, especially in aspects of raising productivity and boosting both domestic and international investment. But an existing problems in the labor market of the United States is the skills gap, which reflects the reason why labor participation rate (see Figure 11) of 2015 is just the level of…
The article examined in the paper is “Linking Emotional Dissonance and Service Climate to Well-Being at Work: A Cross-Level Analysis.” As described in the title, this article examines the use of emotional dissonance and service climate as independent variables in predicting well-being at work. The research was performed because employee well-being continues to be a topic of social interest as the service sector is the largest in total jobs in the United States and Europe (Bureau of Labour…
through his servant Moses and Aaron that he should let his people go, became furious, imposing higher punishment on their daily labor. Especially knowing how hard the Israelites had labor for the Egyptians for so many years. Additionally, the Israelites were productive workers. Nevertheless, some of the Israelites did not only blamed God, but also Moses and Aaron for the harsh labor. “And they said to them, “The Lord look on you and judge, because you have made us stink in the sight of Pharoah…
Lies of Labor Many people know about the concentration camps during Hitler’s Third Reich, but what many do not know about are the labor camps that were in the Soviet Union during the same time. While the labor camps, called Gulags, were not meant to exterminate a race of people, the camps did cause a significant number of deaths. While the death total of the Gulags was not as high as those of concentration camps, it is important to remember these camps as well. Gulags, just like concentration…
Labor unions are organizations of workers formed to defend and further the economic and social interests of their members. Therefore, employees join unions for economic reasons, job security, social reasons, recognition, participation, and as compulsion. Economically, employees join unions to get higher wages, improved working conditions, shorter working hours, and increased benefits. Further, workers join unions to get job security assurance and protection against arbitrary or unfair treatment.…
Tipping: not only about money but more about economic institution It is hardly to explain why the behavior of tipping that is a billions dollar social phenomenon becomes a tradition and does not die. There is always a debate about whether the tradition of tipping should be terminated, because such tradition becomes increasingly mandatory and makes some customers uncomfortable. Those who appeal to terminate tipping argue that quite amount of customers give tips to servers according to their…
Constitution and in the midst of the crisis of nullification, James Madison reaffirmed the centrality of federalism while writing the preface to what would become his “Notes on the Federal Convention”. The federal system certainly was important to James Madison and his contemporaries, and it has been important to succeeding generations of Americans who lived their lives and struggled with collective issues and concerns in the nineteenth and twentieth centuries. Numerous ideas on government…
The minimum wage policy will cause more negative effects on people. Some people argue that minimum wage policy increases workers' productivity since the higher wage makes people more willing to find jobs and stay at their job positions. However, it will also create dead weight loss and inefficiency. Based on the graph shown below, minimum wage is set above market equilibrium price, functioning as price floor. Since the current wage is higher, employers that are willing to hire workers at a lower…
more noticeable in a way of jobs lost in bulk, the labor pool loses and creates jobs daily. It acts live a living breathing mechanism. Jobs are lost every day due to many different reasons, other than outsourcing. Individuals that are affected by outsourcing tend to be more upset and indignant than individuals affected by other reasons of losing a job. This breeds bitterness toward the topic and the businesses. According to the United States Labor Statistics data there were a total of…