Effect Of Raising Minimum Wage

1215 Words5 Pages
Effects of Raising Minimum Wage The minimum wage in this country has been a controversial issue. Many people believe it will help reduce poverty and boost the economy. However, they are not looking at the downfalls this will bring to our country. This could make the unemployment population rise, it will raise prices of other things, and would have little effect on reducing poverty. Raising the minimum wage would have a negative influence on our country. This movement throughout our country is being put into effect as we speak. This movement is for all fast food chains and small businesses to raise the prices of minimum wage. Sixteen states have already agreed to raise the prices of minimum wage in 2016. These states include: Alaska, Arkansas, California, Colorado, Connecticut, Hawaii, Maryland, Massachusetts, Michigan, Minnesota, Nebraska, New York, Rhode Island, South Dakota, Vermont, and West Virginia. An article on the states raising minimum wage from CNBC says, “These wage increases range from 5 cents an hour in South Dakota to a dollar in California, Massachusetts and Nebraska.” However, it will not stop here. These groups that are pushing for raises in minimum wage are asking for fifteen dollars an hour. These campaigners call their movement the “fight for 15.” As Christine Owens, executive director of the National Employment Law Project said, "We 've seen incredible momentum this past year in the fight to raise wages to a level that will make a meaningful
Open Document