Minimum wage

Many people want an increase in minimum wage. Well the real question is what will the increase of minimum wage will do to the economy. Minimum wage was to increase from $7.25 to $10.10, what will this $2.85 do to the world, 50.4% of minimum wage workers are 16-24 years of age. Most workers are part time, 64% are part time workers. Many people think that most fast food worker lives in poverty when really less than 15% of workers are living in poverty. If minimum wage was to increase then it…

who believe that raising the minimum wage to $15 an hour is the best way to alleviate debt, and give 51 million Americans much needed relief, but I disagree. I think that if we leave the minimum wage rate as it is it will leave more people with jobs, and we will have fewer people out on the streets. While reading Ralph Nader’s article on why we should raise the minimum wage I realized he never mentioned the consequences of said action. The cons of raising the minimum wage are layoffs: if an…

election cycle, the minimum wage has been a hot topic. There was a wide spectrum of debate, from simply keeping the same minimum wage to raising the minimum wage to $15 an hour. Although a $15 minimum wage may sound great to many people, there is no logical reasoning to raise the minimum wage to that level. Many people enjoy joining the movement to raise the minimum wage, but they do not take the time to think about the outcomes of a nationwide $15 minimum wage. A $15 minimum wage should not be…

The opposition to increasing the minimum wage claims that it will negatively affect the economy and it is not the most efficient means of combating poverty. Proponents of this belief say that it would result in job loss, it would hurt low-skilled workers, it would have little effect on reducing poverty, and it may result in higher prices for consumers. Several studies by Richard Freeman, Mark Wilson of the CATO Institute, and David Neumark provide conclusive evidence for the aforementioned…

Today the minimum wage is $7.25 which is much lower than it should be. Throughout the country are people trying to provide for their families on minimum wage. However, when a person makes only minimum wage it is very difficult to provide for a family. The minimum wage should be increased because of the many positive things that it can do for both the economy and people. In todays’ economy the minimum wage sits at a low $7.25. The argument against raising the minimum wage is that it will hurt…

Starting in 1938, minimum wage was introduced in the United States of America. Minimum wage was authorized based on an ideal in which families would be put into a better place financially. Raising an individual’s income will allow them to spend their excess cash on items that may have been once considered a luxury on their lower salary. On the opposite side of this reasoning, raising the minimum wage may not help lower income families. Job positions within a company, especially those that…

The minimum wage is the lowest wage permitted by law to be paid to a working individual. It creates a standard by which everyone is guaranteed to be paid for their work. In America, working at the minimum wage is also a sure guarantee that you are a part of the minority working class. The minimum wage has at different times been a common practice in certain parts of the world for centuries, it wasn’t however until 1938 that the Fair Labor Act was passed in America, establishing a…

Raising the Minimum Wage Many Americans have strong views towards the debate over minimum wage. Many believe it should be raised to make it a living wage but what they do not see is the negative outcomes that will occur in return. Business owners often deal with several external factors that have significant effects on their business. Government regulation is an example of a powerful external force. Minimum wage is a national economic policy responsible for many business decisions. Business…

Pros and Cons of Minimum Wage What comes to your mind when you hear minimum wage? In my mind, a minimum wage is only temporary for a teenage condition. For example, for minimum wage jobs are the stepping stone to gain experiences and skills for a better rewarding job. I work at Fresno Unified School District (FUSD) as an AVID tutor at Sunnyside High School, and I get paid minimum wage. My experience from being an AVID tutor has good and bad time. Working with my students that I am assigned to…

discussed topic in today’s society is the current state of minimum wage; should it be raised lowered, or eliminated altogether? Minimum wage is currently at $7.25, although some states and cities have raised their minimum wage even higher. A higher minimum wage helps working class families, strengthens the economy, and it has not adjusted for inflation. To begin, minimum wage helps working class families and by raising the minimum wage, it will have an immense impact on their family income as a…