of a minimum wage increase would have gone to workers in households with an annual income of less than 35,000. The minimum wage is the salary floor, or the lowest possible rate that employers can pay employees. As technology gets better and more complicated people need to know more and work harder. So if the productivity of each worker is rising essay on junk food craze good or bad strongly, yet that workers capacity to purchase (the real wage) is lagging badly behind how does economic recovery which relies on growth in spending sustain itself? Admittedly, corporate profits might suffer a little and some businesses at the lowest end might disappear. On top of that, real wages have increasingly lagged behind the growth in productivity. Research Papers 1491 words (4.3 pages). Startling statistics about the poor are constantly being tossed around on television with images of run-down neighborhoods and malnourished children. Even though the federal minimum wage hasn't increased since 2009, the majority of states have a higher minimum wage than required by the federal government.
Such employers often use undocumented labor, which further undermines Americas working narrative essay notes pdf poor. No, we need policies that clearly do something for hard-working people who have been clobbered by a financial crisis they didn't create. People also argue that the minimum wage jobs are for teenagers, so that they can earn money to help cover the cost of school, and If minimum wage. Should the Minimum Wage Be Raised? Opponents believe that increases to the minimum wage will place a burden on employers, especially small companies, resulting in slower growth and decreased levels of employment. An increase of a couple of dollars per hour or more in the minimum wage could make huge improvements in the difficult existence of the working poor, perhaps allowing them to exit the debt treadmill and stand a better chance of eventually rising into. Laborers earning the minimum wage don't seem to think so and are wanting an increase in the required minimum wage so they will be paid more by their employers. Good for Families : According to economist James Galbraith, raising the minimum wage would raise the incomes of 28 million Americans. Many say one should feel morally obligated to help these people.
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