Minimum wage

2009, the minimum wage income remains unchanged and the legislation in the United States (US) is not uniformed; which creates wage imbalances across the country and the minimum wage earners are held in a quandary. (Addison et al, 2013) Under the current legislation, various industries and several states are exempt from the minimum wage laws; which impedes the workforce from earning more income. (DOL, 2016) Individuals employed in certain industries exempt from the current minimum wage laws, such…

An increase in minimum wage has been a debated topic for decades upon decades. If raised, would the effects be damaging or helpful in relation to employment and how working families would be affected if such an increase in minimum wage was to occur. Employment, in terms of employment rate, could go either up or down. If the minimum wage was increased by 10%, than it would come with a 4.6 to 9% decrease in employment. This being a consequence of raising the meaning wage, a lack of job creation…

Should Minimum Wage In The U.S Be Raised? The question of whether or not minimum wage should be raised in the U.S has been an ongoing debate among the general population for a while, but especially in the recent years. The minimum wage federally in America right now is $7.25 and has been since 2009. Many people debate on very opposite ends of the spectrum, most people are either really set on raising the wage, or completely against it. With the worst recession in…

Minimum wage continues to increase but does it increase enough? Minimum wage right now for Florida is set at $8.05 but who can really live off that. Many adults who can not get a degree now living off minimum wage. A coworker of mine who is 24 earns minimum wage while working in a retail store. She is forced to work over 40 hours a week just to afford her rent, phone bill and car payments. With the income she is making she still can’t afford to get an apartment so she is obligated to pay rent to…

Clinton administration's proposal in the early 1995 to increase the minimum wage renewed interest in the question of how job creation would be affected. The president's proposal came at a time when academic interest in the effects of the minimum wage on employment was rekindled by David Card and Alan B. Krueger. Labor market specialists have done research on the effects of the minimum wage and all had different views about what the evidence shows, they also disagree about how apparent…

The minimum wage debate has been a disputed topic in the United States for many years since it was first implemented. In 1938, President Franklin D. Roosevelt signed a bill allowing for a federal minimum wage to be set (Grossman 1). 70 years later, many minimum wage workers and other government officials want to implement a 15 dollar per hour minimum wage. While the current federal minimum wage is $7.25 an hour, the negative impact of the economy explains why it should stay that way, if not be…

The federal minimum wage is currently set at $7.25 per hour. Many people around the nation are pushing for the minimum wage to be raised to $15 per hour, almost double of what it is set at now. This may sound like a good thing when first hearing it, however the effects that it will have on the economy will be far worse than having a lower minimum wage. If the minimum wage was raised to $15 per hour the inflation would also raise due to businesses raising prices to cover for employee costs,…

MInimum Wage Minimum wage has been one of the biggest debate of the century. Minimum wage was created back in the 1930s so people could earn the minimum amount of money to be able to live on. Since then, some people with low skills in the work force have been earning the minimum wage but due to inflation the wage is at $15,080 falls which below the poverty line if you’re trying to support a family, the poverty line depends on the amount of people in your household (Close Up Washington DC…

Currently, the citizens of the United States of America are engaged in a heated debate over the federal minimum wage. As of September 16, 2016, the federal minimum wage is set at seven dollars and twenty-five cents an hour. Advocates of increasing the minimum wage argue that the present minimum wage does not supply enough income to cover everyday living expenses. As stated by Carey, “many working adults must seek public assistance and/or hold multiple jobs in order to afford to feed, clothe,…

are earning $7.50 an hour. According to the articles "History of California Minimum Wage", California wage history was “January 1, 2007 of $7.50, January 1, 2008 of $8.00, and on July 1, 2014 it went up to $9.00.” Even though we see that the minimum wage is raising it’s happening at a slow pace. Which does not provide us with enough to live with the basic such as food, rents, childcare, and healthcare. Raising the minimum wage can lead to many positive effects like better financial stability,…