The concept of a minimum wage has been around for over a century; New Zealand was the first country to have a minimum wage‚ enacted in 1894. The United States introduced minimum wage during the Great Depression in 1938. (Anderson) A minimum wage is a price floor; this sets a base line wage that companies have to pay their employees. Currently in the United States nearly 75 million people work minimum wage jobs. (Goldstein) In 2004 the federal minimum wage was $5.15 an hour and only 12 states had
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The country’s minimum wage should be increased because of the current economic condition‚ and because it has become increasingly important in this economy to have a living wage. For various reasons‚ it is necessary for the minimum wage to raise to a living wage. A living wage is a wage that is enough for a person to be able to support themselves and potentially a family without a problem. Many work in retail stores that require a lot of hard labor and yet cannot support themselves for a living when
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Argument paper # 1 Toussaint 1 Stephan Toussaint Professor Swint ENC1102 Sec 90 13 October 2014 Minimum Wage; Should it be raised? In the economy were in today‚ people‚ businesses and politicians are trying to figure out a solution to fix the problem that we found ourselves in. One of those solutions was simply to raise the minimum wage‚ some have agreed‚ others haven ’t. The federal minimum wage shouldn ’t be raised any higher then what it already is for several valid reasons. Occupations that
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Raymond Navaro Professor Kasmir October 9th‚ 2013 Paper on Contemporary Labor Issue Minimum Wage Rate and Unemployment Levels - a Direct Relationship In any labor market‚ free or regulated‚ there is friction and rigidity that result in labor issues. With 11 million people unemployed‚ and millions more discouraged or underemployed‚ there is justification to believe that these high population levels represent a glitch in the American labor market (1). These basic statistics‚ coupled with
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Minimum wages will improve society I am responding to the editorial “...”. Minimum wage is current topic‚ and important‚ but I believe it does need to be raised. Not everyone can support themselves on minimum wage. I am in complete agreement that it is impossible to raise a family well on minimum wage. The only number of people that it is possible to support on minimum wage is one‚ the person working. If you work on a minimum wage‚ you can’t have a family. And this is only looking at poverty lines
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are differences in opinion about the benefits and drawbacks of having a minimum wage. Supporters of the law say that it increases the standard of living of workers and reduces poverty. Others say that if it is high enough to be effective‚ it increases unemployment‚ mostly among workers with very low productivity due to inexperience. Since the law was established it has had only a positive impact on our economy. Minimum wage protects employees from being taken advantage of‚ encourages employees to
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Minimum Wage Is Not Enough! Raising minimum wage in Pennsylvania would help those who cannot afford to pay their bills or buy food for their family. Yes‚ we know businesses do not want to raise the minimum wage because it is less money for them‚ but what about the people does the company not care about their workers. All people are saying is to raise the minimum wage to $8.00 an hour. It’s not much‚ but it would give people a little bit of extra money to pay for bills or buying groceries for their
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Should Minimum wage go up or stay the same Minimum wage is the least amount of money per hour that workers must be paid according to the law. The issue that is debated regularly across the world is on whether or not minimum wage should increase. For years civilians have raised protests to increase minimum wage. For instance in “Florida gets it right: raising the minimum wage‚” Kelly Candaele states that “in 2003‚ ACORN (the Association of Community Organizations for Reform Now)‚ a national community-organizing
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business leaders‚ and labor activists regarding whether the tipped wage should be higher and whether tipped employees should receive a different wage than non-tipped workers. Proponents of a different wage for tipped and non-tipped workers point out that the law guarantees tipped employees the same minimum wage that other workers receive. They argue that because restaurants have very small margins‚ an increase in the minimum wage could lead to higher prices for consumers and fewer jobs available
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the minimum wage controversy has been a topic of debate to whether it produces positive or negative effects on society. To begin with‚ the need for a country to have a minimum wage law was stressed by the international labour organization in 1928. Twenty years later‚ Australia and New Zealand passed the act and we have been using the term “minimum wage law” ever since. At this point more than 90% of all countries have some kind of minimum wage legislation. Supporters of the minimum wage say that
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