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Effects of gender inequalities
Effects of gender inequalities
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"Raising the wage can profit regarding twenty eight million employees across the country. And it'll facilitate businesses, too - raising the wage can place extra money in people's pockets that they're going to pump into the economy by disbursement it on merchandise and services in their communities." -- President Obama The wage should be raised as a result of the value of living has gone up significantly. Education is important if one desire to figure, and also the price of education has accumulated drastically within the past twenty years. Firms ought to be required to pay employees what they merit, which is over wage is currently. With our new technology and also the technology within the future work is tougher and additional sophisticated? …show more content…
an individual living on his or her own cannot survive on wage job either. Their living expense would simply be an excessive amount of. The earnings of wage employees are crucial to their families well being. proof from 2013 and 2014 wage increase shows that a median wage employee brings home over 1/2 his or her family's weekly earnings. In 2013 1,000,000 single mothers with youngsters underneath eighteen would have benefited from a wage increase to $10.15. Single mothers are ten of employees stricken by a rise however they create up solely five.7 of the general manpower. over 2 million married men and ladies with youngsters underneath age eighteen would additionally like a rise. Adults structure the biggest share of employees United Nations agency would like a wage increase. Adults age twenty and over can structure just about 68 p.c of the hands stricken by a wage increase to $10.15 by 2015. near to 1/2 the employees United Nations agency would like a wage increase work full time and another third work between twenty and thirty four hours every week. The wage has to be accumulated for families to survive in our society these
Many people who are against the raising are being paid a good amount of money and have no idea how life is being born in a poor family and then bearing another child into poverty. This is stressful for them already and the least we can do for these people is to raise the wage so they can live an easier life. The myths have been debunked involving the rise, and now we can get to
Minimum wage is a topic that has been popping up since the 1980s. From whether we should lower it, or even raise it, but now in the 2000s minimum wage has been the center of attention more than ever. There are two sides to this topic of minimum wage; whether it creates more jobs or does not create jobs. Those who argue that raising minimum wage will create more jobs will have a rebuttal which is that it does not only cause the loss of jobs but that it would make things much worse and vice versa for those arguing raising minimum wage will cause loss of jobs. There will be two authors representing opposite views, Nicholas Johnson supporting minimum wage will not cost jobs with his article “ Evidence Shows Raising Minimum Wage Hasn’t Cost Jobs”
Ehrenreich mentions in her article "the Economic Policy Institute recently reviewed dozens of studies of what constitutes a "living wage" and came up with an average figure of $30,000 a year for a family of one adult and two children, which amounts to a wage of $14 an hour" (270.) If this is a living wage then how are people living today. The average minimum wage is much less than $14 and hour today. I agree with Ehrenreich in what she mentions here because my mother never went to college. She depended on my father to live because he was making pretty good money at the time they got married. After being married fifteen years my parents got divorced. My mom was left with two children to take care of all on her own. Being a
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,
In recent years the minimum wage has been a heated topic. People want to hike it up to 15 dollars an hour which they call a living wage, while others just want to keep it the same. There are also others that suggest to bring the minimum wage to around $10.78 an hour, which should be around the minimum wage now if we account for inflation from the 1960’s. I agree with that to a certain point. We as a nation need to bring up the minimum wage only up to ten dollars so that less people are living in poverty, and not any higher so that states with smaller economies don 't crash and burn.
Over the past decade, politicians have sought to reform the national poverty levels by lobbying for what is frequently referred to as a living wage. Living wages, on the most elementary level, are the absolute minimum a person must make per year or per hour to stay above the federal poverty level. While the number of people that receive living wages is still small, Wood (2002) suggests that this is a trend that is gaining momentum across the United States because it may help reduce employee turnover and increase worker productivity.
If there is only one main source of income in the home and that person is only making minimum wage do you think it’s hard on that one person? I believe it is because just think about it, after all that hard work to get that one check you only made enough to pay all your bills. That money you just worked two weeks for is gone in the snap of an eye due to you making too little. "The fact is, almost two-thirds of minimum wage workers are adults, and four in ten are the sole bread winner of their family” (The Case for Raising the Minimum Wage). Most households rely on people that are making minimum wage and half the time those checks aren 't even enough. "The President 's proposal to increase the minimum wage would raise wages of more than 5.7 million working women. This includes more than 950,000 African-American women and 760,000 women of Hispanic origin” (The Case for Raising the Minimum Wage). By the president pushing towards making wages higher it will help all the single moms out there because there 's a one-fifth population in America of single moms. "In short, as people age they gain more skills and experience. The resulting higher productivity pushes their wages up” (Boudreaux/ Williams). If an employee has worked for a company for a long time they gain more experience over time and become better at the job. That 's one way people in poverty can take notes on and
The minimum wage has always been a controversial subject that has more and more people debating about the subject. While the talk about minimum wages are highly popular it is an important subject to get informed about if you’re an employee or employer because it has to deal with your money. What is minimum wage? Minimum wage is the hourly wage an employer can pay an employee for his or her work. While the talk about raising the minimum wage has caused some attention in both negative and positive. Nevertheless, the topic that the minimum wage offers substantial benefits to low wage workers without any negative effects to business owners has a growing view among economists.
It is very difficult to live in America if you are living off of minimum wage, and many Americans are living off of it today. Raising minimum wages has its benefits like gaining more money to live better, but people do not see the down side of the increases in wages. With the increase in minimum wage, it also causes the cost of living to increase. How can this help the economy or help people? Minimum wages in America should not be increased because it will cause cost of living to increase, reduce employment, and cause businesses to lose money and workers.
A person working at minimum wage will only make about $10,700 a year. When rent, groceries, bills and gas are all added up, it appears to be a nearly impossible task to keep a family afloat. But working 40 hours a week at $5.15 an hour, one makes less than $206 a week after taxes. Making $206/week, one brings home about $824/month. Adding 17 gallons of gas at $2.20 a gallon in a car; the cost ends up to be about $38 a week, $152/month. The gas and electricity bill about $120, $50 for cable, $147 for property taxes, $45 for the telephone bill, $25 for water, and $42 for house insurance. All this totals about $580 (Abrams, H). Making it difficult to afford cable, and make the smallest payment possible on all the bills causing one to slip into debt. This is reality for many of the people in the United States. At the current minimum wage level, a full time, year round minimum wage worker in 2005 will earn $5,378 less than the $16,090 needed to lift a family of three out of poverty (Minimum).
The minimum wage being too low has been a public issue in America for generations. Basically, the debate includes two different opinions. Firstly, people who want to raise the minimum wage, and second, people who would rather is stay the same. The overwhelming majority of liberals are on the side that favors a raise. Additionally, a somewhat smaller proportion of conservatives favor the change as well, but for different reasons. The liberal opinion on raising the minimum wage is based on the idea that putting more money in the people’s pockets, will stimulate the economy, and decrease poverty. The problem that conservatives and liberals alike have with this, is that a few direct consequences are proven to apply when raising wages. Some proposed consequences include unemployment, inflation, and unfairness to higher educated people. Another main point is that raising the minimum wage is thought to helps small business by increasing worker satisfaction. This issue of minimum wage has become increasingly popular and important in current times, as president Obama has proposed the idea of raising the minimum wage of contract workers to 10.10$ 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.
On an average, a worker must make $18.92 per hour to afford a two-bedroom apartment in most places in the United States today (Network, Jolie Lee/USA Today). Additionally, most of the workers have to balance multiple job schedules, travel, and struggle to keep up their life going. In fact, according to the most recent available numbers from the U.S. Bureau of Labor Statistics, (2010 Census) in December of 2011 more than 7 million people were holding 2 or more jobs. “In this world, nothing can be said to be certain, except death and taxes.” Benjamin Franklin (1789). In brief, people work and dies to pay the circle of education, work and taxes. The increase in minimum wage will indeed decrease a huge stone of stress of working enormous hours. The federal poverty line guideline for a family of four is 24,250 according to 2015 census. (Obamacarefact). Accordingly, a person will have to work 50 hours a week in order to fulfill the guideline. Whereby, $15 an hour will perfectly meet 40 hours work law without overtime or working multiple
Because the cost of living has sky rocketed, it has become almost impossible to raise a family on a minimum wage job. A person living on his or her own cannot survive on minimum wage job either. Their living expense would just be too much. The earnings of minimum wage workers are crucial to their families well being. Evidence from 2013 and 2014 minimum wage increase shows that an average minimum wage worker brings home more than half of his or her family's weekly earnings. In 2013 one million single mothers with children under 18 would have benefited from a minimum wage increase to $10.
Raising the minimum wage will prove to be detrimental as it will take away opportunities from high school students to gain insight and explore different career options. Additionally, it will also reduce the unemployment rate, making it harder for the working poor to meet their basic needs in order to survive. Thereby, raising the minimum wage is not a feasible option because it will only deteriorate situations for the labor
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.