The minimum wage forces wealthy companies to share more of the money they make with the people who helped them make it. Studies have shown that while raising the minimum wage may slightly increase unemployment; it also increases job stability. However, many cities as well in states, have their minimum wage. Should Minimum Wage In The U.S Be Raised? Raising the minimum wage is not as bad as Finlayson makes it seem. The group that may be affected by the rise in the minimum wage is a …
In terms of businesses, small businesses would be definitely affected in a larger scale that may even lead in some employees loosing their jobs.
The minimum wage federally in America right now is $7.25 and has been since 2009. Minimum wage has been an issue for a while now, for example like how some people have to have more than one job to pay rent and everything because of minimum wage. . One way to help ensure that a diligent worker never lives in poverty is with a sufficient minimum wage. If the current minimum wage is large, the minimum wage should not be raised, as workers are obliged to quit their work and they may lose everything. Minimum wage speech Essay Sample. I do not think it should. Raising the minimum wage would endanger small businesses that cannot afford to increase the wage of their employees.
… Why We Should Not Raise the Minimum Wage. That means that it may be harder to find a job at first, but it is more likely to be a job you keep after you do. Currently the United States national minimum wage is $7.25 per hour. Just from $13,9/Page Get custom paper. If the current minimum wage is large, the minimum wage should not be raised, as workers are obliged to quit their work and they may lose everything. Minimum Wage And The Wage Essay 1728 Words | 7 Pages. Studies have shown that while raising the minimum wage may slightly increase unemployment; it also increases job stability. Minimum wage should be increased. 1754 Words 8 Pages. From a worker's viewpoint, raising minimum wage would seem to carry a number of benefits. Although this is a long way from the first federal minimum wage of $0.25 an hour in the 1930s, it is not high enough according to some members of Congress, a group of over one hundred professional economists, President Obama, the executive director of the National Employment Law Project, and Juliette Fairley, … Even with the increase in the minimum wage, the actual value of wages earned at that level were 7.8% lower than what the minimum wage in 1967 happened to be. Many people debate on very … Should minimum wage be increased? The Economic Policy Institute points out: “Since the late 1960s, lawmakers have let the value of the minimum wage erode, allowing inflation to gradually reduce the buying power of a minimum wage income . .
"Minimum wages makes illegal workers pay wages that are lower than the minimum wage, and employers do not hire anyone.
The federal minimum wage has been $7.25 an hour since July 24, 2009.
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