Minimum Wage Essays

36 essay samples found

Minimum Wage should not be Raised

Fighting poverty is basically what every human being is doing or in fact trying to do during their lives. In order to keep themselves away from that, people would work in jobs that pay the minimum amount of money while they figure out what might be next. Minimum wage jobs would not help people to […]

Pages: 4 Words: 1208 Topics: Minimum Wage

Should Minimum Wage be Raised

Takita Atkins is a mother of two and an employee for the well-known company, Walgreens. She works a grueling schedule, commuting two hours round trip for work every day. Atkins began experiencing severe stomach pains and could not afford to go see a doctor for these issues, nor could she afford to miss any days […]

Pages: 4 Words: 1189 Topics: Minimum Wage
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Minimum Wage should be Increased

 Having to work a minimum wage paying job drastically effects an individuals economic status and morale however, this issue is often overlooked. Today, in the United States, wages in comparison to the cost of living is not realistic. The cost of living is increasing while work wages are staying the same. The cost of housing, […]

Pages: 2 Words: 551 Topics: Economy, Employment, Labor, Minimum Wage, Unemployment, Work

Raising Minimum Wage

The minimum wage is currently $7.25 that had started in the year of 2009. Yet, some people still do not think it is enough. The minimum wage had started off as 25 cents per hour in the year of 1938. Many would say that is crazy, because how did they survive with only being paid […]

Pages: 5 Words: 1643 Topics: Economy, Employment, Labor, Minimum Wage, Unemployment, Work

Negative Effects of Raising Minimum Wage

Minimum wage is a popular topic that has caused an uproar of debate for these past years. My research has guided me to take a stand in the debate for weather the minimum wage should be raised. I have conducted research on both sides of the argument. One side in particular debates that the current […]

Pages: 4 Words: 1063 Topics: Minimum Wage

Minimum Wage Effects

The federal minimum wage is seven twenty five an hour and is most certainly fair at that price. It is the basis and starting point for many Americans climbing the job ladder. Factual evidence and statistics can show raising it will hurt many more than it would help. A wage increase is well intended but […]

Pages: 5 Words: 1367 Topics: Minimum Wage

The Minimum Wage

One of the most passionate topics in todays political scene is the Minimum Wage. Folks on both sides of the political aisle have very stong opinions on the topic, and as a result it is difficult if not impossible to find a compromise everyone can get behind. On one hand, progressives argue that the current […]

Pages: 2 Words: 748 Topics: Economy, Employment, Labor, Minimum Wage, Outsourcing, Unemployment, Work

The Minimum Wage Rising

Purpose: to persuade my audience on the reasons and ideas as to why the minimum wage in the United States should remain constant and relevant to its current value. Thesis: The minimum wage rising in the United States creates a major problem economically and will create more problems such as costs of living and inflation […]

Pages: 8 Words: 2473 Topics: Economy, Employment, Minimum Wage, Poverty, Unemployment, Work

Minimum Wage Laws

Minimum wage laws are in place to protect workers from getting exploited, in other words, these laws were put in place to stop companies or businesses from working their employees too hard and paying them too little. So little in fact that sometimes employees have to live off food stamps, or public housing, (like mentioned […]

Pages: 2 Words: 615 Topics: Economy, Employment, Government, Labor, Minimum Wage, Work

Minimum Wage Increases

Rationally thinking, if minimum wage increases there will be more harm than good. Mark Caleb Smith, director of the Center for Political Studies at Cedarville University, stated that Increasing the minimum wage will have the short-term positive impact on people at the lower end of the wage scale., and his evaluation of the situation is […]

Pages: 2 Words: 480 Topics: Economy, Employment, Labor, Minimum Wage, Unemployment, Work

Minimum Wage the Cause of Poverty

A mother of three travels to work each day but still struggles to provide for her children on a salary of $7.25 an hour. This is because she works for minimum wage. When people think about minimum wage they think about teens working but never do they think about the adults that work on this […]

Pages: 3 Words: 802 Topics: Economy, Minimum Wage, Poverty, Social Issues, Wealth

Raising the Minimum Wage is Bad

In the state of Arkansas this past November on the voting ballot was the choice for citizens to vote for the raising of the minimum wage to $11.00/hr over the next three years. At first glance, someone might think that this is a very good change but when taking a deeper look into the subject, […]

Pages: 5 Words: 1571 Topics: Economy, Employment, Labor, Minimum Wage, Unemployment, Work

From Minimum Wage to Living Wage

What does the average American citizen need to sustain a suitable lifestyle? Is it a working wage of $7.25 or is a higher wage necessary? Those are the questions the United States Government needs to be asking themselves. The current minimum wage of $7.25 is not enough for a person to live off of comfortably. […]

Pages: 5 Words: 1382 Topics: Economy, Employment, Minimum Wage, Social Issues, Work

Minimum Wage is Known as Government

This essay consists of the valuable information related to the Minimum wages and several areas related to this topic are covered. This essay contains the information that does increasing wages help to reduce the poverty, how these wages law hurt America as well as consequences of $15 minimum wage. Minimum wage is known as government […]

Pages: 3 Words: 835 Topics: Economy, Employment, Labor, Minimum Wage, Poverty, Unemployment, Work

Minimum Wage was Set

Minimum wage was set to keep employers from taking advantage of workers who were in desperate need of employment. Minimum wage should ideally provide enough income so the average American can make a decent living which includes providing shelter, clothing and food. Minimum wage is some times seen as what we should make to make […]

Pages: 3 Words: 919 Topics: Economy, Employment, Labor, Minimum Wage, Single Parent, Work

Virginia Woolf and the Wage between Men and Women

Jerusalen OlivarezMs. RohdeAP LanguageApril 10 2018Virginia Woolf and The Battle for the Wage Gap Between Men and WomenIn 1998 a young woman by the name of Kerri Sleeman was hired by a company with the statement The offer is what it is. There was no negotiation about the position or the pay. The opportunity was […]

Pages: 3 Words: 830 Topics: Economy, Gender Pay Gap, Health Care, Minimum Wage, Social Issues, Virginia Woolf

Paradise Lost Illegal Immigration

Illegal immigration is one of the most controversial and key immigration issues in the country. Illegal immigration is the immigration of a people into a country in ways that violates the immigration laws of that country or people remain in a country without legal rights to remain. Illegal immigration involves people crossing international political borders […]

Pages: 5 Words: 1491 Topics: Crime, Disease, Economy, Employment, Illegal Immigration, Immigration, Minimum Wage, Paradise Lost, United States

Income Inequality in United States

Introduction The United States has come a long way since it was first established in 1776. The U.S. economy has had its ups and downs, but still manages to be the strongest in the world. Just because the U.S. has the strongest economy, does not mean that it does not have its fair share of […]

Pages: 7 Words: 1990 Topics: Economic Growth, Economic Inequality, Income Inequality, Minimum Wage, Poverty, Social Class, Tax, United States

Use Economic Theory

 The objective of this essay is to analyse and discuss the potential effects of a minimum pricing strategy on the alcoholic beverage industry. It will focus on three main economic agents: consumers, producers and the government. In doing so, the essay will first provide a definition on minimum pricing and its purpose in the economy, […]

Pages: 5 Words: 1637 Topics: Demand, Economy, Market, Microeconomics, Minimum Wage, Price Elasticity Of Demand, Supply And Demand

Low Wages Mean Lower

 According to Harrop (2013), The Declaration of Independence says nothing about a right to cheap labor, but not everyone has noticed. Although, the economy seems to rely heavily on low wages when trying to attract unskilled labor. The struggles of low wage workers have driven the issue of low wage work into the nations attention. […]

Pages: 1 Words: 311 Topics: Economy, Employment, Labor, Macroeconomics, Minimum Wage, Supply And Demand, Work

Dust Bowl and Great Depression Expository Essay

During the early 1900s, those who were living inside of the United States or those who migrated from elsewhere were determined and willing to work hard in order to pursue the American Dream. Those who werent very recognized but yet notably ambitious in achieving their dreams were Chinese workers that immigrated to California, middle class […]

Pages: 4 Words: 1329 Topics: Economy, Employment, Great Depression, Minimum Wage, United States

Low-Wage Jobs are Often Referred

Paying ones rent while stuck working a dead-end job, or a job with low pay can be tough, especially if one has family they need to take care of. People who struggle with paying rent are usually the kind of people who work terrible jobs, or struggle to hold down a job for a number […]

Pages: 8 Words: 2536 Topics: Economy, Employment, Minimum Wage, Sick Leave, Unemployment, Welfare, Work

Minimum Wage Increase

How would you feel if you were working many hours at work and were still not able to provide for your familys basic necessities? Employees are working very hard, long hours and are not receiving the pay that they need. People need to provide for themselves and their families and are unable to do so […]

Pages: 5 Words: 1380 Topics: Economy, Employment, Minimum Wage, Poverty, Social Issues, Work

The Setting of the Lowest Pay

The central government of united has forced a lowest pay permitted by law before eight decade and almost every state applies their own base wages. These laws stop businesses from paying wages beneath the ordered amount. The year of business study prove that stated wages more often not windup by harming employees and the wide-ranging […]

Pages: 1 Words: 367 Topics: Economy, Employee Relations, Employment, Labor, Minimum Wage, Salary, Work

The Battle of Minimum Wage

Minimum wage is a popular topic that has caused an uproar of debate for these past years. My research has guided me to take a stand in the debate for weather the minimum wage should be raised. I have conducted research on both sides of the argument. One side in particular debates that the current […]

Pages: 4 Words: 1061 Topics: Disability, Economy, Employment, Minimum Wage, Poverty, Research

Minimum Wage that is Higher

I think if we were to increase the federal minimum wage in the United States it would be an awful thing for our economy as a whole. There are many facts that prove an increase base pay would hurt our economy. According to Christopher Ingraham the minimum wage in California has gradually been increasing since […]

Pages: 3 Words: 873 Topics: Economy, Employment, Labor, Minimum Wage, Work

Job is a Starting Point

According to the Bureau of Labor Statistics, almost half of all workers making minimum wage or less are less than 25 years old. At these ages, a large salary is not needed so why raise the minimum wage all the way to $15? Robert Reich of Minimum Wage Should Be Increased to $15 argues that […]

Pages: 4 Words: 1130 Topics: Economy, Employment, Labor, Minimum Wage, Poverty, Salary, Social Issues

Above the Bare Article

According to the layout of the information relayed on Above The Bare article, it is probable that the intent of the author could have been enlightening entrepreneurs and corporate managers on key parameters constituting to the growth of organizations. Besides, the author has not neglected the human resource but rather opts to offer an insight […]

Pages: 1 Words: 288 Topics: Economy, Employment, Human Resources, Minimum Wage

Why Equal Pay Helps Society

The idea for capitalism is to favour private property rather distributing property amongst others. This gives the wealthy an upper hand. These rules of economic justification for sexism and discrimination These rules allow them to lie and cheat whomever. The federal government had mandated a minimum wage increase about $15 in 2020. However, they ignore […]

Pages: 6 Words: 1906 Topics: Employment, Equal Pay For Equal Work, Minimum Wage, Poverty, Productivity, Social Class, Stock Market

Contrast and Compare the Union Membership of Employment Relations in the UK and the USA

Introduction According to Rose (2004), the study of the regulation of the utilization relationship between employer and worker, each collectively and separately, and therefore the determination of substantive and procedural problems at industrial, organisation and working place levels. Concerns about how work and employment relationships are regulated, experienced and contested (Williams 2013) can help people […]

Pages: 9 Words: 2673 Topics: Collective Bargaining, Employment, Minimum Wage, New Deal, Trade Union, Unemployment, United States
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Essay on Minimum Wage

In today’s world, a popular demand by United States citizens is for raising the minimum wage. It is now a prevalent political movement, and a group known as the Fight for $15 (a movement that strives for setting the federal minimum wage to 15 dollars an hour), has sparked protests in cities across the United States beginning in New York in 2012. However, in looking at economic trends, it appears that raising the minimum wage might not be the best route to take if the end goal is to help low-wage workers. Creating such a price floor on the labor market may instead lead to higher unemployment and lost gains from trade. It seems like the United States would be better suited to pursuing a different option: raising the Earned Income Tax Credit (EITC) for low-wage workers because it would encourage employment while also allowing the market and natural laws of supply and demand to find an equilibrium price on labor so that both employees and employers can maximize their gains from trade.

The EITC is a credit to those in the low-income workforce. Originally introduced in 1975, the goal of the credit was to entice nonworking people (particularly nonworking mothers) into the workforce to decrease reliance on cash welfare programs. The amount that is awarded is dependent on factors such as how many children you have and whether you are married. It increases the lower your income is, and there is a maximum credit limit as well. The EITC is often considered to be one of the most effective anti-poverty programs in the US. Its effectiveness also targets the people that it was truly intended for: low-income families who live below the poverty line. It has succeeded in bringing millions of people above the poverty line annually due to its targeted approach. This approach contrasts the minimum wage, which requires everyone, regardless of age and dependency status, to be paid more than they otherwise might be willing to work for. This in effect causes lost gains from trade since the lower-skilled workers who are most in need of the money may no longer be able to get a job, even if they are willing to work for less money than the minimum wage.

Another benefit in increasing the EITC instead of the minimum wage would be that it encourages employment, whereas increasing the minimum wage can in effect do the opposite and cause unemployment. The EITC has succeeded in boosting employment rates, especially in the groups it is targeted for. It also incentivizes working, and rewards those willing to work and improve their skills. On the other hand, many economists argue that increasing the minimum wage, especially drastically, would cause labor surpluses (unemployment) because employers will not want to pay the higher wage, and would therefore respond in a couple of different ways. They may invest in machines or other technology that can improve productivity while decreasing the number of workers they need. Or, they may simply cut their production levels so that they do not need to pay as many employees.

Still, there are those who advocate for a minimum wage increase to help alleviate the struggles of low-income workers. Those who are in favor of a minimum wage increase argue that the core reason for wanting the minimum wage to be present and to be increased to a “living” wage is for social reasons: to protect people from being exploited, which was the original reason the minimum wage was put into effect. There are also those who argue that because the federal minimum wage is so slow to rise, it has created a large gap in pay equality between the lower class and middle class workers. They argue that raising the wage would help lessen this wage inequality.

Despite these arguments, there remains something to be said for the efficacy of the EITC at its targeted group when compared to the effects of the minimum wage. Raising the minimum wage may appear to help people at first, however, the real income raise that they are getting would likely soon be the same or perhaps even smaller than the original nominative increase due to business owners raising prices to cover rising labor costs. The EITC, on the other hand, would not be susceptible to this, as it is funded by all taxpayers, and would not have as drastic of an effect on businesses and entrepreneurs to where it would affect the market. That, along with it not contributing to issues such as unemployment or lost gains from trade, assures that raising the EITC is a better route to take in closing the gap in incomes and targeting those in the most need.

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