Minimum wage is the lowest hourly wage employers can legally pay their workers. This is dictated by federal, state and local laws; the amount is currently set at $7.25 an hour but states can choose to set their own. In cases where federal and state minimum wages do not match, employers are required to pay the higher amount. Paying someone less than minimum wage is illegal.
Minimum wage was first established when Congress passed the Fair Labor Standards Act in 1938. This piece of legislation signified an important shift in labor policy – for the first time in history, American workers were legally entitled to a fixed minimum amount of pay. Currently, only those employers with revenues exceeding $500,000, plus government agencies, schools, hospitals, nursing homes and those engaged in interstate commerce are required to abide by minimum wage laws.
Millions of Americans work at minimum wage, although it is usually not enough to support a comfortable life. For this reason, many people have recommended replacing minimum wage with a “living wage.” A living wage should keep full time workers above the federal poverty level and is determined by the average cost of living in an area. Proponents of the living wage claim that minimum wage, while mandated by law, does not provide the average American with the means to live. This means that minimum wage workers cannot (or barely) afford medical, automobile, renters’ or homeowners’ insurance. Other opponents of minimum wage claim it is discriminatory because it prevents employers from hiring unskilled people.
In 2020, minimum wage is slated to increase in more than 20 states across the U.S. More than half the country’s population is expected to benefit from this raise.
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Minimum wages is a legality that is imposes by the government in the labour market which means employers are not allowed to pay the employees under the wage impose by the government. This is happen to the workers in Minionland where the minionion government announced the minimum wages to be increases to M$900 per month due to the increase of living cost of the country. The new rate of wage represents 18.8% increase that affecting 128500 low-skilled workers in Minionland . Diagram below shows the
Minimum wages should not be raised. Raising minimum wage will cause employers to decrease their employees working hours which affect the employee and the business. Also, there would be an impact of job losses on a still-fragile economic recovery. Although some may argue that no one who works full-time in America should have to live in poverty, Americans are paid higher wages than the average employee in Mexico. The main reason Americans who work full-time may live in poverty is because of how
of the great state of California deserve a livable wage, but they won’t be receiving their living wage until 2016. Governor brown signed into law bill AB10 which will raise the minimum wage in California to $9.00 per hour beginning July 1, 2014, and then to $10.00 per hour beginning January 1,2016. The minimum-wage was adopted in California as part of the Fair Labor Standards Act of 1938 during the Great Depression. Ever since then the minimum-wage has slowly been growing. According to The California
According to the United States Department of Labor in 2012, “3.6 million workers earned wages at or below the federal minimum wage standard.” Minimum wage is a social problem that affects millions of people. There are several reasons minimum wage should be increased and it would affect the whole country in a more positive way. The government should increase minimum wage because the current minimum wage is not enough for living expenses, it helps to reduce the number of those on government assistance
A federal minimum wage was first set in 1938. The first minimum wage was just 25 cents an hour in 1938. Can you imagine surviving off of 25 cents an hour? Now just over 70 years later the federal minimum wage is now 7.25. The question at hand is the federal minimum wage enough to meet the minimum requirement for a good, happy and healthy life? Some states and cities say no. While a select few states and cities have mirrored the federal minimum wage of 7.25, some states have placed their state or
is, it’s hard to live on a minimum wage job. In fact, many individuals must have at least two jobs to keep the bills meet. So, President Obama is trying to get Congress to pass an increase in the minimum wage. However, Congress refuses to raise the minimum wage. I agree with Congress, that we should not raise the minimum wage because these jobs are mainly for high school students and more people wouldn’t be able to hire people. Facts, do support the fact minimum wage should stay where they’re
inclines, especially towards the poor and those becoming more educated with college. This is why I, for one agree with President Obama on raising the minimum wage to $10.10 an hour. Raising the minimum wage slightly from $8.25 to $10.10 (only $1.85 increase) will have a huge impact on Americans today and even future Americans. Increasing the minimum wage to $10.10 an hour will aid millions researchers say, through the economic values of food prices, small businesses unemployment rates, college students
The Minimum Wage Is Not A Living Wage The cost of living can become very expensive and with these expenses, money is necessary. By raising the minimum wage, living expenses could be less of a financial crisis for families. A higher minimum wage would also supply families with more ease because the struggle of making ends meet would be less. This paper discusses the advantages of a higher minimum wage, why it is necessary for those who live in, or are very close to living in poverty, and the shortcomings
because both parents make minimum wage. Parents cannot provide for a family because they barely make enough money to pay the bills. According to Driscoll, it is proven that a “family of three all making minimum wage, still falls below the poverty level.” President Obama has proposed raising the minimum wage to $9.00 but no actions have been made on his behalf. So congress needs to raise the minimum wage in order to help the general well being of the people. Minimum wage is the least amount of money