Minimum Wage Laws Should Be Legal

In 1938 congress instituted minimum wage with 25 cents an hour being the first wage. After 78 years seven dollars has been the increase of minimum wage, stated by the article listed on, Heritage.org . Every year the cost of living and surviving in this country increases. You would think after 78 years, minimum wage would not be at $7.25. Many college students work part-time jobs that pays minimum wage to have some extra cash in their pockets or pay a few minor bills. Having a part time job is perfectly fine in college, but imagine not being in college, working a minimum wage job. Lets be honest, the pay checks are no where near what you would like them to be or it isn 't enough to cover everything that you want or need. So, imagine not being in college, working a full time job, with rent, children, car note, insurance, and etc. Many adults work minimum wage jobs, barely making it to provide for themselves and their kids. Your probably thinking, "maybe those people should go back to school or look for a better job.” Yes, that is true but for most people, its too late. A better job requires a degree, most people have kids and cant afford to take a couple of hours off or get someone to watch their kids while they attend school, so a minimum wage job is the only option. So, to make a better life for the struggling parents and the needy college students, increasing the minimum wage is a must for various reasons which include decreasing poverty, increasing health, and relieving

The argument for minimum wage has remained remake consistent over the years. Some people are against minimum wage and the other think minimum wage can help you in a certain way. In the midst of the Great Depression, the Unites States federal government passed the Fair Labor Standards Act. The law has been amended almost every year to expand coverage of the wage floor and to increase the wage itself. Many of the fifty states have enacted their own minimum wage laws, some of them set even higher than the federal level. Minimum wage jobs don’t only help adults at hard times it help teenagers and college students. I learned that the proponents for minimum wage believe the raw value of one’s labor to a business

In today’s economics minimum wage is used as a price control or price floor that the government enforces. A price floor is a minimum price for a product or service above the market’s equilibrium price. Selling any product or service sold below the price floor is considered illegal. Since the price of a commodity or service is increased the demand will go down lower than the quantity supplied creating a surplus. This theory also creates a surplus in employment. When minimum wage is increased or a price floor is set there will be a surplus of employees and the demand for workers will decrease. Well in order to accurately determine whether the minimum wage employees are receiving is enough to maintain a minimal lifestyle, we must first understand how the minimum wage is calculated. According to the United States Department of Labor, “federal minimum wage for covered nonexempt employees is $7.25 per hour effective July 24, 2009. The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA).” The Fair Labor Standards Act is a set of standards pertaining to youth employment, overtime pay, and other laws that affect employees within private and public

Presently, the citizens of the United States of America are involved in an impassioned debate over the federal minimum wage. As of October 5, 2016, the federal minimum wage is set at seven dollars and twenty-five cents an hour. There are numerous amounts of stakeholders when it comes to minimum wage. The three stakeholders mentioned in this essay will be Companies, Employees, and the Economy. In addition to the stakeholders, this essay will also dig into the history of the United States Federal Minimum Wage and see how it has progressed over the years and if it kept up with inflation over the years. With this information, society will see what an increase to the federal minimum wage will have on the United States economy and labor force.

This is due to the ultimate purpose of minimum wage, the fear of unemployment, and inflation. Mike Patton states, “After all, the minimum wage was never intended to be a career salary, but rather a stepping stone to bigger and better things” (par. 2). This means minimum wage was only supposed to help people who are starting off. Eventually, Congress predicted they would be promoted or move to a higher paying job with the experience they earned. Today, there are not many minimum wage workers coming from families in poverty (“History and Debate of Minimum Wage,” par. 5). Most of these workers are young, who still have support from their parents or other family members. These young workers fit the image Congress had in mind when creating minimum

We all need money. We need it to buy food or to pay for bills in adult life. It is a necessity for us to survive in this world. The minimum wage law was introduced in 1938 during the Great Depression as part of the Fair Labor Standards Act. These laws require employers to pay an employee nothing less than a set amount . The first wage set was 25 cents per hour, and recently in 2009 to $7.25. Congress only raises the minimum wage when the economy is healthy, mainly when there is low unemployment (Sherk). Ultimately they should not increase the federal minimum wage. It hurts the less fortunate, it keeps people below the poverty line and creates unemployment.

The Fair Labor Standards Act (FLSA) is a law that states what the lowest amount a business can pay a contracted employee. Currently the law states that the federal minimum wage is $7.25 but there are many states that have their own minimum wage laws. There has been an ongoing protest over minimum wage for a long time and it has been changing consistently ever since 1938 with the latest change in 2009 when it went from $6.55 to $7.25. Many people think it should keep going up but many other people think it is going to hurt our economy if it goes up. There are many things that raising the minimum wage can affect in the economy and there are many steps that go into raising it. I think that the minimum wage should be raised to

There is not one state in the US where a minimum wage worker can afford a two-bedroom unit at fair market rent, working a standard 40-hour work week(There are a few states where this is not true. Also, the fair market rent is the average cost. It doesn 't reflect the super expensive and bottom rent places). The federal minimum wage would be $10.86 [per hour] if it had kept up with inflation over the past 40 years. Instead, it is $7.25 [per hour]. Every state in the US should have the minimum wage raised to $10.86 per hour(passive, rewrite). The cost of living has increased(s) dramatically every year(,) so why shouldn’t we raise the minimum wage.(?) The value of the minimum wage has fallen by almost 50 cents since it was last increased in 1991(Fact check; the Federal minimum wage was raised in 2007 to 6.35 an hour, up from it 's 1991 rate of $5.15 per hour, and again in 2009 to $7.25 per hour). Living expenses are increasing so fast that more people are falling into the category of “lower class”. Author Tom Dickinson writes, “A family of four trying to live on the earning of a minimum-wage worker-- $15,080 a year—falls more than $8,000 below the poverty line” (Dickinson 33). (Transitional sentence?)

Jobs that require minimum wage are created for young adults who are in college or high school. They are to help one get one on their feet so that they may further their education. They are not for someone to make a career out of. This being why it does not cover the cost of living. So many adults who could apply themselves for a better ranked and higher paid job, do not. If minimum wage was to be raised then it would increase the amount of people wanting to stay in that field of work. Privileged people should not rely on a minimum wage paying job as their career for the rest of their lives. If one is unable to further their education or get a higher paid job due to lack of skill or disabilities then they do not apply. When one shows hard work and determination it pays off. Minimum wage is designed for jobs with minimum skills. Skills are required for higher paid jobs and degrees if one chooses not to act on this, then they are hindering themselves. Anthony Davies and James Harrigan from U.S. News state that “Not surprisingly, better-educated workers with better skills get the increase at the expense of their less-educated,

Minimum wage is the least amount of money that an employer is legally required to pay an employee. It is something that all people in the American workforce know about. It was made to prevent the employer from taking advantage of employees. It is what creates the bare minimum standard of living for the 73.9 million hourly wage workers in the United States. However, there are many different jobs with varying amount of skills that are needed for those jobs. This is where the problem arises because a worker may still be under paid for the job that they do. This problem splits the population into two main groups, one that wants the minimum wage to be raised and another that wants the minimum wage to remain the same, or to even be abolished.

The push for higher federal requirements for the minimum wage in the United States, as a means of combatting income inequality, have remained a highly debated topic of discussion over the course of many years in the United States. On one side of this debate you have more progressive economists who believe that if minimum wage is increased the standards of living for many minimum wage employees will be improved, thus spurring economic prosperity for this class of workers and helping to bridge the gap in income inequality. On the other side of the spectrum you have more conservative economists who believe that with an increase in minimum wage there is also an increase in the number of unemployed workers along with a plethora of other downsides due. There is also economic findings that verify the belief that minimum wage laws also discriminate against unskilled workers in favor of skilled workers, and the most serious amount of discrimination takes place among minority communities. It would certainly eliminate jobs. By demanding that business pay workers more, it will in turn force them to hire less workers in order to keep up with their new payroll costs which in turn would further the migration of jobs from humans towards automation. In theory the minimum wage hike would definitely benefit workers who would receive that wage, but for those workers who are fired and would become unemployed due to the wage hike, it aches their economic shortcomings evermore. Increasing minimum

To begin with, minimum wage should be raised so that adults can afford apartments. A report from the National Low Income Housing stated, “ In no state can an individual working a typical 40-hour week at the federal minimum wage afford a one- or two- bedroom apartment for his or her family.” People working with a minimum wage of $10 to $13 can’t afford an apartment for themselves. This leads to homelessness. The effect of this is rising poverty rates. People can't afford much, let alone an apartment, and will go into poverty and homelessness. Clearly, minimum wage should be raised so that people can afford apartments.

Are you a millennial in need of money? Then raising the minimum wage seems like a logical solution. The minimum wage law has existed in the United States for many years, its purpose being to regulate the amount of money that an employee must legally be paid. Citizens of the United States should be against the minimum wage rising but instead should focus on improving government assistance programs and closing the wage gap. If the minimum wage drastically increased, then other wage average salaries would also need to increase, causing prices to rise as a consequence. A common argument against raising the minimum wage is that it would impact small businesses, and that jobs will be lost. The overall amount of jobs in the U.S. is not finite, and

The concept of minimum wage has been a huge issue among Americans and has really become a large discussion point among a lot of the political debates as well as the Internet recently. According to the United States Department of Labor, “The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. Some state laws provide greater employee protections; employers must comply with both”. Regardless of the constant debates that occur on whether or not minimum wage should be a livable wage or merely a segway job for teenagers, a majority of these workers are older than 25 years old. As reported by the U.S. Bureau of Labor Statistics in 2014, of the 77,207, 61,883 of them are 25 years of age are

In the United States, minimum wage has remained at a low number for several years. Minimum wage is defined as the lowest possible income that an employer can legally pay an employee. This ensures that all people are fairly paid and not defrauded by companies or businesses. Minimum wage is considered a price floor and the minimum wage laws determine the lowest price possible that any employer must pay for labor. In an economic model, the quantity of supplied is greater than the quantity demanded and the minimum wage is above equilibrium price and quantity. Minimum wage prevents labor supplied and labor demanded from moving