Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Positive and negative impacts of raising the minimum wage
Benefits of raising the minimum wage
Benefits of raising the minimum wage
Don’t take our word for it - see why 10 million students trust us with their essay needs.
A $15 minimum wage will not supply Americans with the change they desire. We catch sight of homeless people on the streets and moms struggling to provide and cannot help to be inspired to lend out a hand and find a solution. The problem is that we need an efficient and non-detrimental way to help people who continue struggling to make ends meet. However, raising the minimum wage to the proposed $15 an hour will not fix the empty stomachs nor pay the unpaid rent. A $15 minimum wage will not work in America for the reason that it will affect further more than just the minimum wage workers, it forces businesses to create loopholes to avoid a downfall and it will change the way we perceive work. What does raising the minimum wage have to do with the other jobs? Why can 't we just pay the minimum wage …show more content…
Lets put this into perspective. I go to school for several years and pay thousands of dollars to get a degree so that I can have a decent paying job. A majority of entry level jobs with some type of specialized training start at a pay anywhere from $10-$19. I start working for a company in an entry-level position and they offer me $14 an hour. I take the job considering it’s a plesant way to get a foot in the door and my previous job only paid me $7.50. I doubled my pay, but I knew this wasn’t going to be my lifelong standard of pay. I have worked for a few months and one morning as I watch the news I hear that all minimum wage workers are now required to be paid a minimum of $15. I realize that since I make twice the amount of the minimum wage that I don’t qualify as being in a minimum wage position. I still bring in less than the minimum wage workers now and I get angry and question the reasoning for all the hard work I suffered through to get to where I am. My boss doesn’t want to lose all of his workers so he has to raise all of his worker’s pay to the new ratio. If we change the amount minimum wage workers get paid we have to change how much the skilled
Imagine a world where you are working overtime, seven days a week, yet your kids are starving. You can’t get the education you need because you don’t have the time and money to afford it, and you can’t change jobs because this is the only one you can get. Unfortunately, this is the reality for millions of Americans living today. The federal minimum wage is too low to help families, and actually mathematically speaking, too low to survive on. The quality of life for minimum wage families is terribly low, and that is unacceptable. As humans, we should be looking after others and helping the poverty come out of their continuous cycle. Raising the minimum wage would not only help families be able to afford a better quality of life, but help them to afford healthy food, get an adequate education, and invest in the necessary health care they need.
The minimum wage was, as it should be, a living wage, for working men and women ... who are attempting to provide for their families, feed and clothe their children, heat their homes, [and] pay their mortgages. The cost-of-living inflation adjustment since 1981 would put the minimum wage at $4.79 today, instead of the $4.25 it will reach on April 1, 1991. That is a measure of how far we have failed the test of fairness to the working poor.” (Burkhauser 1)
Minimum wage should be raised to at least $15 an hour. Doing so would benefit lower classes of people greatly. Higher minimum pays will keep people from doing illegal things for money, give them more money to spend, and it would make minimum wage do what it’s intended to do.
Currently, in the United States, the federal minimum wage has been $7.25 for the past six years; however, in 1938 when it first became a law, it was only $0.25. In the United States the federal minimum wage has been raised 22 times since 1938 by a significant amount due to changes in the economy. Minimum wage was created to help America in poverty and consumer power purchasing, but studies have shown that minimum wage increases do not reduce poverty. By increasing the minimum wage, it “will lift some families out of poverty, while other low-skilled workers may lose their jobs, which reduces their income and drops their families into poverty” (Wilson 4). When increasing minimum wage low-skilled, workers living in poor families,
The minimum wage will always be a controversial topic to debate. People are going to protest someday to raise their salaries because they cannot struggle to pay off the increased cost of living expenses. Also, more employers are going to cut off their worker’s hours or get the worker lay off. By raising the minimum wage to $15, people must accept the pros and cons because this a topic will always affect the entire community.
The minimum wage today has a lot of issues; some people say it is not enough to live comfortably. Many agree that there needs to be an increase in minimum wages and by doing that it can help with our issues of poverty. Statistics show that a worker who is full time and earning minimum wage makes only $15,080 a year, which is under the federal poverty line for a family of two. (Gitis, 2013) The problem with that is $15,080 is not a sufficient amount that a person can live and grow on. “A family of two can consist of a mother and son or daughter, father and son or ...
They may argue that jobs and benefits could be cut and could reduce desire for career advancement, but they are wrong. The Congressional Budget Office projected that a minimum wage increase from $7.25 to $10.10 would result in a loss of 500,000 jobs. In a survey of 1,213 businesses and human resources professionals, 38% of employers who currently pay minimum wage said they would lay off some employees if the minimum wage was raised to $10.10. 54% said they would decrease hiring levels. People get laid off from jobs every day due to money budgets, lack of professionalism, or illegal actions. Companies do what’s best for their investment regardless, if minimum wage goes up or not. Whether they were to lay off people there will be extra workload divided among the employees left, which is more than they are getting paid for. That could lead to the company having to pay their employees
Raising the minimum will end up hurting Americans more than helping them. The people that are for raising minimum wage are people who believe that increasing minimum wage can help those people who are unskilled and need an income they can live on. Yet, raising minimum wage would do the opposite and make employers have to fire people who earn minimum wage, because they can't afford the higher wages. People need to realize that increasing the minimum wage would hurt people more than help them. In the end increasing minimum wage would result in some people being let go, for the reason, businesses can't afford paying them minimum wage anymore.
On the other side of the argument Americans believe that with the increase of minimum wages it would help Americans out a lot more. One possible way that the increase in minimum wage may help an individual out is in the article Minimum wage Pros and Cons, “The Economic Policy Institute stated that a minimum wage increase from the current rate of $7.25 an hour to $10.10 would inject $22.1 billion net into the economy and create about 85,000 new jobs over a three-year phase-in period. Though this may be true, one problem
Minimum wage is the lowest wage that is given by the state. The smallest remuneration of the state of Tennessee is $7.25. Minimum wage should not increase due to the very small amount of people that will be getting hired, diminished desire for career advancement and price increase. The increase of minimum wage has been a very large discussion amongst the states across the country. Many states have actually increased their minimum wage. Though, some states were just not satisfied with their outcome.
A while ago I was told by my parents that I got a call from (my now boss), Donald Makepeace, asking if I was still interested in a job. We played phone tag for the longest tag, but finally I was hired at the local Dairy Queen. My parents originally said that I was supposed to contribute some money to help pay for insurance, gas ,and ect. After, seeing how much money I brought back week after week, they ignored that request. The truth of the matter is, it’s hard to live on a minimum wage job. In fact, many individuals must have at least two jobs to keep the bills meet. So, President Obama is trying to get Congress to pass an increase in the minimum wage. However, Congress refuses to raise the minimum wage. I agree with Congress, that we should not raise the minimum wage because these jobs are mainly for high school students and more people wouldn’t be able to hire people.
The minimum wage being too low has been a public issue in America for generations. Basically, the debate includes two different opinions. Firstly, people who want to raise the minimum wage, and second, people who would rather is stay the same. The overwhelming majority of liberals are on the side that favors a raise. Additionally, a somewhat smaller proportion of conservatives favor the change as well, but for different reasons. The liberal opinion on raising the minimum wage is based on the idea that putting more money in the people’s pockets, will stimulate the economy, and decrease poverty. The problem that conservatives and liberals alike have with this, is that a few direct consequences are proven to apply when raising wages. Some proposed consequences include unemployment, inflation, and unfairness to higher educated people. Another main point is that raising the minimum wage is thought to helps small business by increasing worker satisfaction. This issue of minimum wage has become increasingly popular and important in current times, as president Obama has proposed the idea of raising the minimum wage of contract workers to 10.10$ per hour (about a 30% increase from the current 7.25$ per hour minimum wage). A large number of people consider this wage hike unnecessary due to the fact that today’s value of minimum is higher than it has ever been since the 80’s, and because the wage hike comes at too high of a cost. All things considered, the issue of raising minimum wage is not a battle of political parties and their agendas, its really a debate between everyone.
For many people in the United States, life is no more than a regular work cycle. Members of working class usually have a High School diploma and may work in a low skilled occupation or manual labor. Most of the enjoying age of this people is spent in working, as they don’t want their new once to have a life they struggling through. Therefore, this essay will argue that minimum wage should be increased federally to $15/hour by 2017. Firstly, if taxes touches the sky, why should the minimum wage be on the ground? Increasing minimum wages would also create new opportunities for education as the students wouldn’t have to work crazy hours. Likewise, many couples won’t have to work multiple jobs in order to manage the household. Lastly, it will lift
Many people believe that the minimum wage is fairly low and most of you would love to see the pay be raised. But I want you to think for a second. How many people do you know work in minimum wage jobs? Not that many. And the ones that do, are in our age group. This statistic can be applied to the general population. In Canada, only 27% of all workers earn minimum wage and 70% of the 27% are between 15 to 24 years old. This means that most of the minimum wage workers are low-skilled and have little to no experience. The whole point of minimum wage jobs is for entry-level workers to gain valuable experience providing them with the ability to advance further and increase their hourly wage. However, if the minimum wage is increased, it lowers the
For the past three decades minimum wage has been seen to rise several times. Only helping some but more than anything harming most. So who are the ones feeling the effects? Certainly not the wealthy, it never is them, mainly it would be the working poor, unskilled and teenagers. Raising minimum wage would cripple the public even more than what it would actually help.