Analysis Of Minimum Wage

The minimum wage is not suitable for society because it is too low and due to this, employees tend to overwork with more than one job, which leads them to not be available for their families enough, and they are unable to make progress with this wage

Mar'keldrick Keys I think that Waffle Now servers should be paid the higher federal minimum wage for non-tipped employees. I believe the wage will help the servers provide for their family more. Plus the servers rely on the tips for a part of their income. However, the non-tipped minimum wage is a livable wage. Therefore, I think that the servers should be able to know, that they can be able to provide for their family with their wage. Being able to provide for your family with a tipped minimum wage is sometimes hard. On the other hand, the minimum non-tipped wage for employees will help them provide more and have a little money from the tips. Having to rely on tips for a part of your income is outrages. People

I am almost certain that everyone would support the idea of an increased minimum wage if everything else remained constant; same number of jobs available, same number of hours worked, benefits left unchanged. However, this is not the case for many businesses in Ontario, especially after the recent increase in the minimum wage from $11.60 to $14 and additional plans to increase it to $15 the following year. Restaurant owners like Monte Wan who have prepared for the hike since its announcement still have trouble handling it due to the increase being so sudden, with little time to adjust.

Ira Knight, who is an author of article “Let’s Make the Minimum Wage a Living Wage”, expresses an opinion that increasing the minimum wage would help all struggling workers and at the same time improve U.S economy. On the other side, Janice Steele in her article “Keep the Minimum Wage Where It Is” argues that raising the minimum wage would have bad effects on workers, consumers and small businesses. Ira Knight’s article seems to be the stronger of the two positions because her arguments are based on several recent studies, and last but not least, she had a personal experience with the minimum wage job.

A common misconception about base pay jobs is that they are primarily for teenagers and inexperienced workers, while numerous teenagers do work these positions, it appears as though that trend is slowly coming to an end. As time continues to go on more and more adults find themselves working at a minimum wage job. One thought associated with the possible increase of wages is that those in entry level jobs will lack the motivation to move up on the ladder. Generally, those workers only work there in order to make a living, so if they were given a better opportunity they would most likely take it. It is not often that a person is inclined to flip burgers for their entire life. This major conflict has resulted in heated debates and varying opinions, resulting in the question; should minimum wage be increased? The answer to that question is yes, with things such as inflation, the cost of living has greatly increased, it directly affects a lot of people such as college students, and it could help the economy more, rather than hurt it.

The article “California Reaches Deal on $15 Minimum Wage” by Paul Davidson is about California’s minimum wage should be raised up to $15 an hour and it is in deal. Governor Jerry Brown and state legislators are propelling to raise California's minimum wage up to $15 in an hour by 2020. According to Fight for $15, about 6.5 million people in California, or 43% of the state's workforce, will earn less than $15. A dozen cities, including Los Angeles, San Francisco, Seattle and many other municipalities in California, have already raised their minimum wage to $15. In New York, Governor Andrew Cuomo proposed a $ 15 fee for New York City from 2019 to 2021. Labor advocates agreed with the pact. However, I disagree with this concern, and I think that

I have read the letter on $10 minimum wage, and would have to disagree with your statement. We have jobs that pay $7.25 an hour to teach kids how to work, not support a family. These jobs offer people little money when there out of a job, but while they work with little money, they need to be looking for a better job. You don’t want to be working at McDonalds your whole life, right? That’s why there are jobs like accounting, teachers, repair shops, etc. These jobs are going to support a family and they usually pay better than a fast food restaurant paying $7.25 an hour.

The Los Angeles City Council has enacted the raising of the minimum wage for hotels with 300 or more rooms to $15.37 starting July 1, 2015. The idea is that this will create jobs and will increase the standard of living for employees. The positive effects can include a raise for current hotel employees, and will increase the standard of living for hotel employees. However, I feel that the reality is that this will kill jobs, increase hotel prices, and lead to people leaving the state and city. This is part of a current trend to raise the minimum wage from $9.00 to $15.00 per hour on behalf of labor unions and other activists. The Mayor of Los Angeles Eric Garcetti has enacted into law to raise the minimum wage to $15.00 per hour by 2020.

Sanders, the highly favored candidate for president, insists raising minimum wage is genuine and a pleasant idea. He claims that almost doubling minimum wage by 2020 will create better lives for everyone. Sanders infamous slogan, “no one who works 40 hours a week should be living in poverty,” has opened the eyes to many individuals in a positive light. I believe this is an idea lacking logical thinking. New flash, Raising minimum wage by such an amount will cause serious and a rather dangerous increase of inflation. Minimum wage at $15 an hour would require every other job to raise their prices as well, because who really wants someone working at Burger King making more than their degree required field? Raising ALL of these wages means prices

Paying for a college education constructs a dilemma when only earning minimum wage flipping burgers at a local fast food restaurant. The current federal minimum wage stands at $7.25 per hour before taxes. The debate on whether the minimum wage should increase or stay constant has been occurring for many years. Raising the minimum wage to match the current cost of living seems like a good idea, but this could cause some negative effects. Rex Huppke’s article “The argument against raising minimum wage” delivers a more effective argument than John Komlos’ article “Why raising the minimum wage is good economics” through the use of ethos, logos, and a valid conclusion.

House Bill 230, or the most recent bill introduced in North Carolina to increase minimum wage, was introduced by the House of Representatives on March 12, 2015. After the first version of the Bill was introduced, it was revised once. The bill was introduced because the goal of the state is to provide a minimum wage that allows for a decent and healthy life for its citizens. As the value of the American dollar continues to change, so does the average cost of living. The primary sponsors of the Bill were Representatives Farmer-Butterfield, L. Hall, Fisher, and Cunningham. The Bill states that “Employers shall pay employees wages no less than the minimum wage for all hours worked in North Carolina.” It then states that minimum wage in North

In 1930 the United States passed a federal law controlling minimum wage. This has led to random increases in minimum wages. For more than a century minimum wage has been a key factor in public policy. Minimum wages were first used to prove against the idea of American factories being “sweatshops” (Josh Barro 01). Over time the minimum wage level has risen and fallen do to the progress of the economy. The amount of money earned from a minimum wage salary today is thought to not be enough to live a regular life (. "Four States Vote to Raise Minimum Wage." 01).

In the United States alone, the amount of people in poverty is 14.5%. That equates to 45.3 million people in 2013. In a country like America, one of the world’s superpowers, it’s embarrassing to admit. But the main issue is to fix issues like these with the minimum wage and welfare. The minimum wage applies to workers who got a job whether because they were in school or because they had not gone to college and had no other option. Most of the country lives off as minimum wage workers as only 1% of the world’s population has a college degree. Minimum wage needs to be adjusted to modern inflation. But the minimum wage allegedly does not affect poverty at all says a large demographic and does not need to be adjusted. The minimum wage makes up a lot of the country and should be adjusted or modified to today’s standard of living.

“As efforts to raise the federal minimum wage from $7.25 an hour have stalled repeatedly, several states and cities – from Los Angeles to New York state to Washington, D.C. – are acting on their own to raise minimum pay rates” (4). Fast-food workers being the primary targets, anti-poverty groups and organized labor are aiming for as much as $15/ hr. as the new minimum wage for workers. Statistics show that the vast majority of republicans, democrats, and independents are in favor of raising the minimum wage, but when the opportunity came up in 2014 it “failed to move past congress” (4). Since the last rise in the minimum wage, the U.S. “Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 8.1%

What is minimum wage? Minimum wage is the lowest legal paycheck a company can give to an employee. It is illegal for a company pay an employee less than minimum wage (Principles of Microeconomics). Unemployment, on the other hand, is the percentage of the total workforce who are without a job and are currently looking for a paying job. The unemployment rate is one of the most closely watched statistics due to its relationship with the interest rate. If the unemployment rate is rising, it shows the economy is becoming weaker and may even need a call for cut in interest rate” (businessdictionary.com).