Minimum Wage And Unemployment Analysis

Marcelo Suárez- Orozco and Mariela M. Páez is the author for this chapter. This section of the book talks about filling low-wage, low-skill jobs Americans avoid. How Latino immigrants are the minimum wage

The first significant workforce composition is immigration, in the 1990s wave of immigrant workers was by far the largest in the past three decades, and contributed a larger share of the growth in the nation's labor force than at any other time since the end of World War II. Immigrants also accounted for all the growth among workers fewer than 35, which explained the drop in U.S. birthrates in the 1970s and the resulting dip in the U.S. born population in that young age group. But even among those ages 35 to 44, the youngest baby boomers, and new immigrants supplied a third of the growth in

Mexicans are hard workers and often work for less pay than Americans are willing to accept. There are approximately 8 million illegal immigrants working in the United States. Mexicans are usually are employed in construction, natural resources, maintenance, production, transportation, farming, and moving material jobs. On average, an immigrant has a household income of approximately $37,390 compared to a natural born citizen’s average household income of $54,565. Many immigrants work harder than Americans and receive less pay. Hiring Mexicans can save American employers due to the fact they do not have to pay higher wages and do not have to provide benefits. Because two-thirds of Mexican immigrants do not have a high school education, American employers do not pay them the same

One source from the Opposing Viewpoints Database called, “Raising Minimum Wage Increases Unemployment” argues against the minimum wage by suggesting it will decrease financial security and cause higher unemployment rates. The author provides unemployment statistics from the 1990s onward as evidence to argue against the minimum wage. The article says, “In 1990, Congress enacted another minimum wage increase.” “The month before the increase took effect, unemployment was 5.2%.” “With the increase, unemployment began to steadily increase and unemployment eventually peaked at 7.8%” (Jaarda). The article emphasizes to readers that increases in minimum wages and following increases in unemployment are not just coincidences by continuingly pointing at similar statistics throughout history.

Minimum wage has always been a controversial issue. Many politicians use the argument of minimum wage for their own political propaganda. Some may argue minimum wage should be raised, while others believe it will have detrimental effects on our economy if it is raised. Surprising to most people, minimum wage earners make up only a small percent of American workers. According to the Bureau of Labor Statistics, minimum wage workers make up about 2.8% of all workers in America. “The majority of minimum wage workers are between the ages of 16 and 24. These are high school and college students” (Sherk 2). But high school and college students are not the entire percentage of minimum wage earners. When minimum

There has been many conversations about what the positive impacts can come to America 's lowest income workers as a result of an increase in the minimum wage, and there has also been equally as many discussions over the negative effects the increase can have on similar people. This paper’s purpose is to combine each viewpoint and objectively analyze the arguments for and against an increase in the minimum wage. I will first discuss the benefits for an increase, then the disadvantages, and in the last paragraph, I will

Raising minimum wages is a contestable issue because it is debated in wide and varied audiences. Minimum wage is near the top of economists’ interest; they are looking for the connection between low wages and poor job markets. Each country sets its own laws and regulations regarding wages. For this reason, it has significant importance to policy makers and workers in each of those respective countries. Social activists have also found interest in the topic due to the fact that those who earn a minimum wage tend to come from poor minority families. Furthermore, the average American should have the strongest interest in the conversation because most citizens have been paid a minimum wage at some point in their life. Due to this fact, the idea of a significant federal minimum wage increase in America is open for debate specifically to rejuvenate the job industry, improve living conditions for citizens, and strengthen the economy as a whole.

Another fiscal problem immigration is the decreases in wages. When examining the issue,immigrants are more likely to willingly accept decrease wages which in turn allow businesses to favor immigrants. In a report “Immigration, Poverty, and Low Wage Earners, Mathew Graham, a second year PhD student in American Politics and Political Economy, who primarily focuses on immigration policy states that, “The reality is that immigrants and natives compete for the same jobs and native workers are increasingly at a disadvantage because employers have access to a steady supply of low-wage foreign workers.” Such labor disrupts the flow of other workers in certain industries displacing American workers and decreasing the average wages for the average work force. These industries include food preparation, building and ground maintenance, construction and other unskilled labor that requires little to no education. Illegal immigrants are the least educated “with nearly 75 percent having

An issue that many undocumented immigrants face in the U.S. is unemployment and economical disparities. It is important to focus on the challenges Latino immigrants encounter in the workforce. Immigrants do not account for the majority of Latino workers in the United States. Since the recession the economy has not restored all the jobs that were lost. Jobs being added are hardly keeping ahead the other supply of workers. Most of the jobs recovered are being occupied by U.S. born workers. According to the article Latino Jobs Growth Driven By U.S. Born, Rakesh Kochhar states “ U.S.-born Hispanics gained 2.3 million jobs in the recovery, compared with a loss of 37,000 jobs in the recession. For Hispanic immigrants, the 453,000 jobs gained in

America, the nation of immigrants, has roughly 11 million illegal immigrants today. Mexicans make up 5.6 million. There are around a million legal immigrants coming to the United States each year. In November 2007, there were “1.5 million fewer native-born Americans working . . . while 2 million more immigrants (legal and

Mike Durant once said, “Making it more expensive to create new jobs is a perfect way to guarantee fewer of them.” The recent, “Raise the Wage” campaigns have sparked an interest in many low-wage workers. However, those who support this initiative are unaware of the economic problems that will arise if this is successful. Several cities have already raised their minimum wages and some, like Seattle, are raising it as high as $15 per hour. Currently, supporters of this campaign argue that the government should implement this increase federally. However, doing so will have broad and adverse financial implications. Ever since the Great Depression, the minimum wage has been in effect — to reduce poverty and solidify that

The university of Colorado-Boulder’s, Brian Cadena web article, “Low-Skilled Mexican Immigrants Are Making The US Labor Market

Michigan's minimum wage is currently placed at eight dollars and fifty cents an hour and will be rising for the next couple years (Minimum Wage, 2016). Minimum wage laws are still a controversial topic among economist and are commonly utilized in campaigns as a promise to help the poor but how does this price floor impact the industries it affects. This paper will explore Michigan's current minimum wage law, its conception and history, the problem it was supposed to fix, it's effectiveness in solving the problem, how it helps and hurts the economy, what it costs and its unintended consequences, and my beliefs on Michigan's minimum wage

2. The study focuses on the minimum wage differences amongst highly skilled and lowly skilled immigrants. Additionally, the study explores the relationship between immigration and the minimum wage, utilizing a correlational

International migration has affected the economy in the United States in numerous ways through race. Min Zhou demonstrates the fact that international migrants, especially undocumented Mexicans are affecting the economy because they are taking minimum wage jobs. Zhou significantly states, “Blue collar jobs…available for newly immigrants… are disappearing at a particular rapid rate, resulting in expanding classes of poor and rich and a shrinking middle class”. Revealing that there is an increase in poverty because more and more undocumented immigrants are