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Cents An Hour Minimum Wage
1,968 wordsMinimum wage is the lowest rate employees may legally pay for an hour of labor (Merriam, 741). The United States has a minimum wage law to guarantee minimum hourly wages and to prevent the exploitation of workers and provide unskilled and part-time workers with a wage floor. People have argues that the minimum wage has become less of a safety net for primary earners in poor families than a floor for the wages of teenagers and other secondary earners from higher-income families. In 1933, there we...
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Is Minimum Wages Unconstitutional
2,061 wordsEvery nation in this world has specific ideas and beliefs associated with it. The French are associated with wine and fine food, while Italy is known for their geographic beauty. Up until 70 or so years ago the words Lassie Faire went hand and hand with the United States. Lassie Faire, or free market, was one of the major ideals that propitiated the foundation of this nation. Yet in the mid 1930 s the Federal Government pushed into law the Fair Labor Standards Act there by betraying the American...
Free research essays on topics related to: minimum wage laws, labor standards act, united states constitution, minimum wages, fair labor standards -
Minimum Wage Wage Increase
1,254 wordsIn the article The Minimum Wage and Product Differentials Bradley S. Wimmer discusses the effects of a minimum wage increase on employment level, productivity, on different industries. Considering the effect of a minimum wage increase on employment level, Wimmer first noted that the real value of the minimum wage between 1966 and 1997 has decreased by 17 %. The real value of the minimum wage represents the nominal minimum wage adjusted to the level of inflation. Therefore according to Wimmer, si...
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Minimum Wage Higher Wages
1,922 wordsRaising minimum wages actually promotes growth (Meroney, 1995) and will have a positive effect on the economy. The positive effect will come from promoting job growth. This statement was made by U. S. Labor Secretary Robert Reich. Reich recommended that the minimum wage of $ 4. 25 and hour be pushed up to $ 5. 15 an hour over a two-year period. Reich said, it has been shown that pushing the minimum wage up, would assist in welfare reform, and lower the number of persons on welfare, by making wag...
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