Friday, May 22, 2020
Raising The Minimum Wage Of The United States - 1309 Words
Raise the minimum wage: In the United States, studies show that women tend to make up a disproportionate share of low-wage workers. In the field of education, men tends to go more to STEM than women and that also leads to high paying jobs for men. If we raise the minimum wage, this will help hardworking women to support their families. Approximately, women made up two-thirds of all minimum-wage workers in 2012. With the current federal minimum wage i.e. $7.25 per hour, someone working full time, only earn $15,080 a year round. People working full time with minimum wage is still below the poverty threshold for any family with children and single person is also not far above the poverty line. So, increasing the federal minimum wage to $10.10 an hour would help increase the wages for about 15 million women, which will help close the gender wage gap. Raise the tipped minimum wage: The gender wage gap is vividly observed in tipped workers. The federal tipped minimum wage, which hasnââ¬â¢t been changed since 1991, only pays workers $2.13 per hour. According to the Economic Policy Institute, women make up two-thirds of tipped workers and are 70 percent of food servers and bartenders, occupations that comprise more than half of the tipped workforce. Tipped workers have a higher poverty rate than non-tipped workers, and 46 percent rely on government assistance to make ends meet. As women account for two ââ¬â thirds of tipped workers, raising tipped minimum wage will help decreasing theShow MoreRelatedThe Effects Of Raising Minimum Wage On The United States2322 Words à |à 10 PagesThe Effects of Raising Minimum Wage My topic of interest is the effects of raising minimum wage in the U.S. Minimum wage is defined as the lowest wage permitted by law or by special agreement. In 1938, President Roosevelt signed a bill called the Fair Labor Standards Act of 1938, which set the minimum wage at $0.25. Although, overtime inflation devalued the amount of the dollar so it was raised there on. After raising the minimum wage the cost of living would keep going up every year. Also, currentlyRead MoreThe Effects Of Raising Minimum Wage On The United States969 Words à |à 4 PagesEffects of Raising Minimum Wage Raising minimum wage has in the recent years become a very controversial and personal issue, and although it is slowly becoming a more popular idea, some people still resist the movement. What people who oppose the adjustment of minimum wage are not considering, is that by raising minimum wage, it will allow low income families or otherwise low income individuals to earn more, in turn, allowing them to spend more money on goods and services. It will also help theRead MoreMinimum Wage During The Great Depression1419 Words à |à 6 PagesThe Minimum Wage Battle In the United States, the minimum wage was passed during the Great Depression in 1938 to protect the buying power of normal workers in a period in which the ââ¬Å"unemployment rate was still a very high 19 percentâ⬠(Sklar, 2009, p. 1). Since that time, there has been significant debate about the controversial topic of raising the federal minimum wage. The federal minimum wage law was created to eliminate unfair practices of sweat shops and manufacturing companies during this timeRead MoreMinimum Wage Should Be Raised910 Words à |à 4 Pagesmaximize the American Dream on the minimum wageâ⬠(Benjamin Todd Jealous). In 1938, minimum wage was created by the federal government in order to protect workers by ensuring a minimum of twenty-five cents per hour worked. Though President Roosevelt had the right idea in protecting the workforce, something needs to be done to ensure that Americans are getting a reasonable amount of money for the amount of hours they have worked. As B enjamin Todd Jealous stated, minimum wage is not enough for the averageRead MoreThe Minimum Wage Debate870 Words à |à 4 PagesThe minimum wage debate has recently made a large comeback in United States politics. Contemporary studies show over 3.8 million Americans are paid at or below minimum wage (Dickinson 33). Many have looked skeptically back on past wage systems and have questioned wageââ¬â¢s relationship to current market inflation. In response to this inquiry, a large majority of the general population, relatively unrelated to their degree of income, support legislation to increase the minimum. However, the issue hasRead MoreMinimum Wage And The Wage Essay1204 Words à |à 5 PagesThe minimum wage is one of the most controversial issues on our country, which is United States has been facing last ten years. There have been never ending debates over this issue until the government, company, and others party stand together, and raise the minimum wage throughout the nation s. There are communities that believe raise the minimum wage has negative impact of every sector of the country. Other communities have different beliefs over the issue, raising the minimum wage helps the poorRead MoreMinimum Wage Should Not Be Increased1669 Words à |à 7 PagesFederal minimum wage is a huge controversy around the world and especially in the United States today. It is the lowest wage that employers can legally pay their employees. The worldââ¬â¢s first minimum wage law was passed in the year eighteen ninety-four in New Zealand. New Zealandââ¬â¢s minimum wage experiment caught the attention of other countries. It made them start considering the law for their own countries. The United States passed their federal minimum wage law in nineteen thirty-eight. The federalRead MoreThe Minimum Wage Change 1151 Words à |à 5 Pagesthe topic of minimum wage. With president Obamaââ¬â¢s increase in the minimum wage to 10.10$ per hour people, both economists and polit icians alike, have been debating whether raising the bar is a smart idea. At a time when the country the countryââ¬â¢s inflation continues to rise at a steady pace and Americans are constantly working to feed their families, some economists know that a raise in the minimum wage would help elevate some of the difficulty. The last time the federal minimum wage was raised wasRead MoreEffect Of Raising Minimum Wage1215 Words à |à 5 PagesEffects 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 countryRead MorePros And Cons Of Raising The Minimum Wage1122 Words à |à 5 PagesSince 2009, the federal minimum wage rate for employees has been $7.25 per hour. In retrospect, this is hardly enough pay to take care of oneââ¬â¢s self-- let alone a family with children. If a person were to add up the average cost of living for one week and then compare it to the average amount of money earned in minimum wage for that week, it would be apparent that there is little to no extra money for emergency situations. Increasing the minimum wage has been a major controversial issue; Democrats
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