The Pros And Cons Of The Minimum Wage

The minimum wage is a topic that has been in the spotlight for many years. Still, there seems to be no progress as to when new policies will be implemented to address the concerns of the citizens. Fortunately, the country is able to function with the minimum current polices on the minimum wage; however, more people are dropping into lower societal levels. This could become problematic as time push forward and the cost of living continues to increase. Although, the current policies alone is not the main cause of the differentiating of social classes, but an increase in the minimum wage could definitely help some households.

Current theories The current theories about the minimum wage cannot be easily addressed, because there are so many theories

However, the poverty level in throughout the country is pretty high compared to other countries, even some countries that are not developed. The minimum wage across the country is unequal and inadequate at best (Albright & Brannon, 2014; Reilly, 2014). Of course, there will be a difference in pay between cities and occupations, which is common in the work environment. The working class should be compensated for the jobs that they were employed for, but this is not always the case. Some employees have to the job of two or even three people, but only get compensated for the job they were hired to do. Additionally, most employers seek to hire part time employees, so that health insurance and other benefits is not their problem (Campolieti et al,

Although, both article may seem inconsistent, both articles do relate the impact that the minimum wage has on the poverty level. Depending on the date, time, location and other data collected, there will be some margin of inconsistencies between articles. On the other hand, an article states that an increase in the minimum wage will decrease employment rates (Campolieti et al, 2014); while another article, (Hoffman, 2014) say that some industries found an increase in employment levels. This is a possibility that an increase in some industry employment level will occur for a few reasons; individuals is looking for work due to economic challenges, lower educated or trained, or even some individual were mandated to take these