Minimum wage is the lowest wage an employer can pay their employees. There is a Federal minimum wage and in some cases a State Minimum wage. The current Federal minimum wage is $7.25. An employee who makes $7.25 an hour and works 40 hours a week, will earn about $14,000 per year. The Federal government deemed that the poverty line is anyone who makes less than $17,000 a year (“Federal Minimum”). Therefore anyone that makes minimum wage lives below the poverty line. As president Obama said in his
As a single mother raising two children, creating a budget on a minimum wage salary working 40 hours or less in a week was extremely difficult. I found myself wanting everything good and expensive for my children, but could not afford it. Throughout this process, I felt frustrated. I had to lower the cost of each item while keeping it at a reasonable price and for the most part, I also had to rely on government assistance. Whatever government assistance was offered to me and that I am eligible for
much of a problem if it wasn’t for the fact of the minimum wage being too low for it to be worthwhile for these people. Some families, like the one in the article, sell what they can, such as ice pops, to get by, as they make more money doing that then they would at a minimum wage job that’s too far
Social problems of The American Minimum Wage Introduction The issues of the minimum wage are not only a controversial in the United States but also in many other parts of the world. So what is minimum wage? It is a simple legislative policy that requires that pay to the lowest worker is not lower than a certain amount per hour. However, even though much of the other labor regulation policies change now and then, nonetheless, the arguments to this topic have been constant through the years (Bose,
children have been found to suffer more from various physical and psychological disorders than their peers with more financial stability. Additionally, poor children has a lower success rate, and a slow adjustment to school years and beyond. For most minimum wage earners, especially in some southern states, the reason for not seeking higher education, is more of a generation ideology. Either college cannot be afforded due to low income, or since their parents or grandparents didn’t go to college, they feel
MINIMUM WAGE!!!!! Hayden Pepper 11/9/17 Mr. Davis Minimum
Should Minimum Wage Be Raised? 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
with a higher minimum wage. The minimum wage will not fix the problem of rising living costs. Increasing the minimum wage will not fix the problem because the price of items of merchandise will increase to match it, therefor the difference between wages and cost of living will still be the same. Many will say that the cost of living is going to improve with a higher minimum wage. But I say that if we work on lowering or balancing the cost of living then we don’t need a higher minimum wage and the price
see the problems that could occur when their minimum wage is lifted. It sounds simple to raise the minimum wage and everyone be content, but the country could be seriously hurt. An increase in poverty and an elimination of jobs would be the after effect of a raised minimum wage. While almost every worker wishes to earn a higher profit, keeping the minimum wage where it's at now is the most logical way to avoid future problems. Therefore, to keep our country from going downhill the minimum wage should
Mr. Davis Minimum wage is a problem, but most don’t want to raise it. Raising minimum wage will be a big problem now and including the future. Raising minimum wage is a problem depending on a social hierarchy. For many years the U.S had had many protesters and this is a problem according to state officials. Family's around the world are surviving on as little as 4.25 an hour in this case people