The cost of living has sky rocketed,it has become almost impossible to rais afamily on a minimum wage job. A person live on his or her own can not survive on minimum wage job either. Their living expense would just be too much. The earnings of minimum wage workers are crucial to their families well being. That is way the minimum wage should raised.…
By the 1700’s, a split had occurred along the east coast of North America, an area settled largely by Englishmen. This split occurred for a number of reasons, including different religious ideals, economic discrepancies, and contrasting social classes of people arriving in the New World.…
in lemons). Cooper has a very valid point in this statement. By raising the minimum wage, it allows people to function on their own. It allows them to feel secure about their money, more so then they did before. They feel that they have some breathing room in the situation, and don’t have to scramble for money. Yes, raising the minimum wage will not help immediately, but in the long run it will have a lasting effect on the person’s financial situation. Last year my mom received a small raise, and it didn’t really help at first, but later down the road we were able to pay off some things and get ahead. People just need that little bit of security to help them keep going in…
All of the people live in the world. Different people have the different position in the society. However, we must stay and play a right role in the society. Each position has their own responsibility. And every people should use their ways to make the country become more powerful. The first key point is keep our society balance. So raising the minimum wage might be a good solution. According to the article named Should the Federal Minimum Wage Be Increased? says “A minimum wage increase would help to reduce race and gender inequality.” The figure shows that despite representing 47% of Us workers, women make up 63% of minimum wage workers. (Issues, 2011)African Americans represent 12% of the US workforce, and make up 17.7% minimum wage earners. 16% of the labor force is Hispanic, and they represent 21.5% workers making the minimum wage. (Issues, 2011)In a time when the median income for women is 78% of the national median income, and African Americans and Hispanics make 67% and 79% of the median income respectively, increasing the minimum wage is necessary to create a more equitable income distribution for disadvantaged groups. It’s helpful to keep balance in the society. Nevertheless, we also need to know there are also have some disadvantage. “Raising the minimum wage would increase the price of consumer goods” says Chad Stone. A 2013 article by the Federal Reserve Bank of Chicago stated that if the minimum wage is increased,…
When you hear high school and college students talk about their employment experiences, all they seem to say is how they don't get paid enough. I've even said that myself quite a few times. Well, in a way, they are right; but this statement does not only include that average student, it also includes many adults and families who are trying to live on minimum wage jobs. In today's society, this is almost impossible. An increase in the federal minimum wage is in the interest of the nation as a whole, although it will impose some costs.…
A minimum wage is an hourly wage rate that is set by law. The minimum wage was introduced during Roosevelt’s presidency in 1938. This was the time of The Great Depression where unemployment was at 19%. Today it is around 9%. As early as 2010 the minimum wage in the United States was $7.25 per hour. Now, only 3 years later, it is up to $7.85. Some feel as if minimum wage should be raised to decrease the amount of poverty in America whereas in reality, a higher minimum wage would only hinder low class Americans. Higher minimum wage would actually prove detrimental to the poor, the lower class will still fall below the poverty line, and raising the minimum wage will not target the desired demographic.…
I agree that people cannot live on minimum wage since the cost of living has gone up drastically. This has always been a conflict and will continue to be unless they raise minimum wage. The type of life we are living now days won’t simply just get us through by working on…
When you increase minimum wage, it limits entry-level jobs because it causes businesses to hire fewer workers therefore just leaving even more people without a job. In one study it says that for every 10 percent increase in the minimum wage, it would affect the unemployment rates by roughly 2 percent (Raising the Minimum Wage Will Not Help The Poor). So you can see how going from 7.25$ an hour to 15$ an hour can affect that number. Not only are many workers laid off, but the ones who keep their jobs are cut back a lot on their hours to where they were making less than before they raised minimum wage. So combined with the lower working hours and many workers getting laid off you would think people would understand why not to raise it. There is also one major reason why raising minimum wage doesn’t affect people in poverty, many of your minimum wage workers aren't even in poverty. Many minimum wage workers are between the age of 16 and 24, many of these people are high schoolers or college kids trying to earn some extra money. People make the argument that there are single parents trying to make enough to support their kids and they need better wages, but what you may not know is that very very few people working a full time minimum wage job are alone and a single parent. Less than 1 in 25 minimum wage workers are single parents who work a full-time…
Should minimum wage be raised to a higher pay to help families support each other and have more money to be able to get the necessities you need or should the minimum stay the same to keep prices of items the same? Also, continue how we are with different places having different wages and finding the place that best fits you? Currently many states have minimum wages under $10 an hour, in Indiana its $7.25. The wages are being challenged because many are saying it should be raised to help families and people that don't get much. Other people around the world are saying it's best to keep it the same or else prices will be higher and harder for more people than it was before.The debate over whether the minimum wage should be raised or not has many people divided around the world. Proponents argue that it should be raised because it's hard to pay for necessities and…
Hello Julia, I agree with you. minimum wage should not be raised because there will be high price production, and inflation, which will hurt consumer especially the low-income family. Raising the minimum wage commonly may be seen as a way to give a low-income worker a raise, but it resulted in a surplus since the minimum wage is a price floor. Surplus happens when the quantity of supply is greater than the quantity of demand. In this case, more people are willing to work than employers are willing to hire at the stage of minimum wage price rising and it will result in high unemployment. There would be a high unemployment rate because employers are forced to pay more which likely lead them to hire fewer workers in the workplace, especially for the small business or companies. Fewer people getting hiring mean less work is being done.…
Can you remember a time when it did not cost over $5.00 for a “Value” meal at any fast food chain, or when gas was under $2.00? It’s hard to remember, isn’t it? The reason for the raise in price of the products you and I purchase on a weekly basis all has to do with the continuing raise of minimum wage.…
Throughout the years minimum wage has been raised. The more it is raised, means all of the essential things of life will increase in price. Furthermore people will be fired and the unskilled people will be especially hurt. The minimum wage should not be raised based on the observation of what has happened in the past and what might happen in the future.…
While the sentiment of helping the poor is admirable, it appears this argument is based on emotion rather than fact. Based on the conclusions drawn from the Southern Economic Journal’s 2010 article ‘Minimum Wages and Poverty’; “minimum wage increases between 2003 and 2007 had no effect on state poverty rates. Moreover, the proposal to raise the federal minimum wage to $9.50 per hour is unlikely to be any better at reducing poverty because (i) most workers (89.0%) who are affected are not poor, (ii) many poor workers (48.9%) already earn hourly wages greater than $9.50 per hour, and (iii) the minimum wage increase is likely to cause adverse employment effects for the working poor” (Sabia, J., & Burkhauser, R. (2010). Minimum Wages and Poverty: Will a $9.50 Federal Minimum Wage Really Help the Working Poor? Southern Economic Journal, 76(3), 592–623). The truth of the matter is that “minimum wage workers tend to be young. Although workers under age 25 represented only about one-fifth of hourly paid workers, they made up about half of those paid the Federal minimum wage or less. Among employed teenagers paid by the hour, about 21 percent earned the minimum wage or less, compared with about 3 percent of workers age 25 and over” (Characteristics of Minimum Wage Workers: 2012. (2013, February 26). U.S. Bureau of Labor Statistics. Retrieved September…
Currently, Portland has a minimum wage at $9.25 per hour, the second highest in our country, but we still need to make it greater. Right this minute, if you’re a minimum wage worker, you make $15,636.25 take home each year, and then imagine that you were a mother or father of 2 kids. This wage makes barely enough for just one person to survive in today’s world, let alone a whole family. Imagine that you’re that mother or father, and you have your two kids, you’re working three jobs, but supporting your family is still impossibly hard. Sadly, many children everyday are born into poverty, and so our future generations keep spinning through this never ending circle.…
In new research, results show 60% of people who earn a minimum wage are female and 40% male. Also they found 83% are single persons 25 or younger. Over half of minimum wage workers 53% are full or part time students. These statistics show you that it's not only high school students that are making these wages. A little over 20% of American family's the head of the house depends on a minimum wage job for their many source of income. That might seem alarming knowing that many families must live off the same amount I make and our forced to support a…