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Positive effects of minimum wage
Effects of minimum wage on the us economy
Effects of minimum wage on the us economy
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In the past year, many protests occurred by members of the lower rungs of the fast food industry for the current minimum wage to go up from seven dollars and twenty-five cents to fifteen dollars an hour. This idea is ludicrous and these individuals should not be allowed to succeed in their endeavor. They are not doing enough work to earn such a sum, there are other options in occupations that pay higher, and there are people that have jobs that actually work to earn their money that make fifteen dollars or less, unlike these people who do nothing but flip burger patties and ask if the customer wants fries. I have always believed that people should have to work and earn their money rather than getting it handed to them. If these individuals want to be paid such a high amount per hour, they need to put in an equivalent amount of work. The fact that they are demanding to get paid a higher wage to do the same amount of work they are currently doing borders on insanity. It is not as though their current job is particularly difficult or life-threatening. That is why they ar...
Poverty continues to grow in America. The average minimum wage in the United States is $7.35 an hour- far too low in today’s society. Key expenses, for example, gas and housing prices, have gone up significantly since the minimum wage was last changed in 2007 (Wagner 52). The laws creating the minimum wage were intended to improve the standard of living and decrease poverty. Raising minimum wage is a vital step in decreasing poverty and giving every family the opportunity to survive and succeed. Millions of hard-working Americans are below the poverty line and need an increase in pay. Minimum wage must be raised because it will diminish poverty and assist the working class to support their families.
According to the established FLSA, non-exempt employees working on an hourly basis should make a living wage working the forty hour work week. Currently,minimum wage is not equal to the living wage. An action needs to be taken now, before the middle class completely disappears. One percent of the populations owns more of the wealth than the other ninety-nine percent.If the working class is not able to improve its current situation only two social classes will exist. America will be divided by a high well paid class and a low class with a minimum wage
Labor’s rights, this issue have been bothering many worker since the 19th century and can still be a problem today. As John L. Lewis has said in his speech “I repeat that labor seeks peace and guarantees its own loyalty, but the voice of labor, insistent upon its rights, should not be annoying to the ears of justice or offensive to the conscience of the American people” (John L. Lewis), which under his words meant that labor is something that can be done right and peacefully but it needs rules and benefits that come with those rules which labor asks for and when labor asks for those rules and benefits it shouldn’t be taken like some annoying kid’s demands but more as something that needs to be done and done with a right mind set. Labor today consists of a man or woman going to work, working their hours, and finally getting paid for those hours at the end of the week, at least a minimum of $7.50 an hour (United States Department of Labor), but before it wasn’t like that before many workers would get paid very poorly even thought they would work for a lot of hours and they wouldn’t get benefits from their work or safety when working such as in the mines like the mine workers, but one man stood up for them and his name was John L. Lewis (John Llewellyn Lewis, Encyclopedia).
they should be getting paid at least the minimum wage in order to meet labour law standards and
Imagine having to clock out mid-shift to prevent getting paid overtime, but not leaving for another hour or two. Having to punch out for break but work through it, or having a paid vacation taken away as if it never existed? Situations relative to these are reality and are classified as wage theft, defined by the wage theft website as “a variety of infractions that occur when workers do not receive their legally or contractually promised wages” (Wage Theft). The public is generally uneducated of the concept of wage theft and the effects it has on our society, let alone what can be done about it. The Wage Theft Prevention Act, an act established in 2011 by the state of New York, provides laws protecting working citizens, and is an act that should be effective nationwide. As a country, we support the terms “freedom”, “equality”, and “rights”; however, we need to focus on the working citizens of the United States and ensure equal rights for everyone.
This article gives you a yes and no opinion on whether or not the F...
Imagine working under poor conditions for over 40 hours a week to afford basic human necessities only to remain nothing more than a cog in a corporal machine seen unworthy of livable wages. While this may seem unrealistic, it proves as reality for many lower class Americans. Minimum wage has seen a drastic decline in relation to the inflation of living costs, an issue addressed in Lew Prince’s, “The American Dream Needs a Fair Minimum Wage”. In the article, Prince, a business owner, states, “... in 1979, the minimum wage was $2.90 -- that would be $9.50, adjusted for inflation in 2014 dollars”. Even with this information, many americans above the poverty level line argue against an increase in wages. Although opinions often
Before other states jump on the $15 minimum-wage bandwagon, they might want to look at what's happening in Massachusetts — one of two states with a $10-an-hour minimum wage. Massachusetts increased the minimum wage from $8 to $9 at the start of 2015 and to $10 on the first day of 2016. The state is now mired in its longest stretch of net job losses since the recession, Labor Department data show. Minimum wage is the assured lowest amount of pay per hour that an employee can receive and it’s purpose is to make certain that employers are paying their workers fairly. The first minimum wage was created by Congress in 1938 as part of the Fair Labor Standards Act; it was twenty-five cents an hour. Since then, it has varied over the years, the highest being in 1968, but today it stands at $7.25 (Sherk). At the moment, Congress is contemplating the Fair Minimum Wage Act of 2013, which would, over two years, raise the minimum wage to $10.10 (GovTrack). However, raising the minimum wage is a bad idea because a majority of minimum wage jobs belong to teenagers who will not stay in the job very long and do not need to support a family, raising minimum wage will lessen the availability of jobs for the poor, and it is pointless since many of the impoverished that the raising of the minimum wage is targeted to help, will not be able to benefit.
Many people who are against the raising are being paid a good amount of money and have no idea how life is being born in a poor family and then bearing another child into poverty. This is stressful for them already and the least we can do for these people is to raise the wage so they can live an easier life. The myths have been debunked involving the rise, and now we can get to
In recent years the minimum wage has been a heated topic. People want to hike it up to 15 dollars an hour which they call a living wage, while others just want to keep it the same. There are also others that suggest to bring the minimum wage to around $10.78 an hour, which should be around the minimum wage now if we account for inflation from the 1960’s. I agree with that to a certain point. We as a nation need to bring up the minimum wage only up to ten dollars so that less people are living in poverty, and not any higher so that states with smaller economies don 't crash and burn.
Fast-food workers have been protesting for a minimum wage of $15 dollars an hour and the freedom to unionize. The workers have organized numerous protests this year. During the protests they have walked out and chanted slogans regarding their pay. The main fast-food companies that are effected is McDonald's and Burger King. They both have stated that they will not press charges and indeed are allowing the workers to return. These workers that are participating in the strike doesn’t represent the majority of the fast-food employees. The people participating in the strike are not only youths but adults and elders as well. Due to the countries low employment rate many of these workers are supporting a family or other dependents. This is where most of the fast-food workers are getting their motivation to protest this industry. Unfortunately, many Americans are questioning the negative economic effects of their proposed wage and their lack of worthiness to receive that big of a pay raise. However, I believe that with some adjustment and research we can find a way to make everyone happy. My solution advises that we support Obama’s nine dollars an hour minimum wage proposal. It will give the fast-food workers financial support, release the burden of the taxpayer’s assistance, and keep inflation balanced.
The minimum wage today has a lot of issues; some people say it is not enough to live comfortably. Many agree that there needs to be an increase in minimum wages and by doing that it can help with our issues of poverty. Statistics show that a worker who is full time and earning minimum wage makes only $15,080 a year, which is under the federal poverty line for a family of two. (Gitis, 2013) The problem with that is $15,080 is not a sufficient amount that a person can live and grow on. “A family of two can consist of a mother and son or daughter, father and son or ...
What would be so bad about raising minimum wage? Before other states jump on the $15 minimum-wage bandwagon, they might want to look at what's happening in Massachusetts — one of two states with a $10-an-hour minimum wage. Massachusetts increased the minimum wage from $8 to $9 at the start of 2015 and to $10 on the first day of 2016. The state is now mired in its longest stretch of net job losses since the recession in both the retail and the leisure and hospitality sectors, Labor Department data show.
Since its inception, the minimum wage has been a hotbed for debate. If today’s leaders could manage to increase minimum wage, millions of families would benefit.
Presently, workers in the fast food and minimum wage jobs seek respect and an increase in wages as it is a sector of the food industry that is underrepresented by unions. As cost of living increases in cities nationwide and the government subsidizes underpaid employees with welfare funds, organizations such as Real Food Real Workers and the Fight for $15 are demanding a raise in the minimum wage, particularly for food workers. Similarly to the food workers at UNC Chapel Hill, many minimum wage workers in the fast food industry are women and minorities, sectors of the labor pool already marginalized by wage disparity. The Fight for 15 movement has recently gained momentum in raising the minimum wage to $15 in California, New York, Seattle and the District of Columbia, and this year Arizona, Colorado, Maine, and Washington state voted to increase the minimum wage as well. In the 21 states where the minimum wage is still as low as $7.25, s minimum wage increase movement should partner with other organizations from outside labor unions such as women 's rights organizations and organizations similar to the BSM, including mass participation of solidarity with college campuses, to make a substantial statement about their work