The government redistributes income from business towards low wage workers to reduce inequality by the minimum wage laws. It also provides a boost to low wage workers to look for a job because the minimum wage is higher than the previous salary. Additionally, the increase of minimum wages can light workers’ enthusiasm to improve their productivity. As well, according to the survey, when American minimum wage raised by $7.25 per hour, more than 16 million low-wage workers directly benefit from the increase, and another 8 million slightly skilled workers get relevant benefits. This would increase $31 billion to the paychecks of families ranging from poverty level to the middle class to boost their spending power and add the nation’s economic output and total
The government redistributes income from business towards low wage workers to reduce inequality by the minimum wage laws. It also provides a boost to low wage workers to look for a job because the minimum wage is higher than the previous salary. Additionally, the increase of minimum wages can light workers’ enthusiasm to improve their productivity. As well, according to the survey, when American minimum wage raised by $7.25 per hour, more than 16 million low-wage workers directly benefit from the increase, and another 8 million slightly skilled workers get relevant benefits. This would increase $31 billion to the paychecks of families ranging from poverty level to the middle class to boost their spending power and add the nation’s economic output and total