Is Minimum Wage Have On Us - 1217 Words

One of the most frequently asked questions in our country today, seems to be: â€Å"Will I have enough money to live comfortably?† With the ever growing population in America good sustainable jobs are getting harder and harder to find. Many people are settling with low paying, mindless jobs, with no chances of growth, were they are getting paid minimum wage. But, what is minimum wage? Is it a law to help people get more money or it is a law that makes it harder for unskilled workers to find jobs? The real question is; what real effects doesn’t minimum wage have on us? In the mid-20s and 30s factory and mining jobs in America were dreadful places to work at. People working were forced to work long hours for slave wages, never enough to support their families. To help support their families, children very commonly were forced to work, making less than the average America male at the time while doing just as dangerous or more dangerous jobs. On June 25, 1938 President Fran klin D. Roosevelt signed the Fair Labor Standards Act or the FLSA. When it was first signed it was only meant to cover only one fifth of the jobs in America, the manufacturing, mining, and transportation industries. It set the minimum hourly wage to $0.40 per hour and limited the number of hours’ person can work to 40 hours per week. In addition, it banned the use of child labor in the work place and set the minimum working age to 16 years of age. (Grossman, Jonathan) Today minimum wage has expanded to every job inShow MoreRelatedEthical Issues Draft : Finding The Right Minimum Wage1705 Words   |  7 PagesEthical Issues Draft – Finding the Right Minimum Wage Minimum wage has only been around in the United States (US) for a short period of time. Since 1938, the minimum wage has undergone many changes in its laws and regulations and has been raised to extreme amounts in some states. Today states must provide at least the equivalent minimum wage set by the federal government. Some states, however, chose to raise the minimum wage rate higher than that set by the federal government. In those states,Read MoreMinimum Wage Laws For The United States Essay1742 Words   |  7 PagesThe minimum wage is the mandated price floor paid on hourly or daily basis for the employees regulated by the government or the union. In â€Å"Federal Minimum Wage†, New Zealand and Australia enacted the first minimum wage law during the late 19th century to prevent employers’ exploitation of workers. In 1912, Massachusetts passed the first minimum wage legislation in the US that was enforced for women and children, and fifteen more states followed in the next eleven years. However, the Supreme CourtRead MoreBusiness Inequality in America: Raising The Minimum Wage 1250 Words   |  5 PagesD.C. President Barack Obama has yelled on Congress to raise the joined minimum wage, the centerpiece proposition at the State of the Coalition address that pondered on business inequality in America. Pointing out that the present minimum of $7.25 is nearly 20% lower in real paying manipulation than it was 25 years ago, he impelled legislators to prop a bill that ought to grasp the nationwide rate to $10.10. We additionally have to do supplementary to safeguard our economy distinctions the dignityRead MoreMinimum Wage And The Wage Essay1204 Words   |  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 nations. 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 Be Legal940 Words   |  4 PagesMinimum wage is now at a steady $7.25 per hour and shows no sign of increasing anytime soon. There are states right now at the time that are trying to raise the minimum wage, and see how this will effect the economy of the area. As prices continue to increase in every day expenses, it becomes hard for us to keep up and be able to provide for our family or get even the basic necessities that we may need. People are saying that with more money, they will spend more back to the economy, thus helpingRead MoreMinimum Wage And The Cost Of Living Essay1518 Words   |  7 Pagestells us what and when we can do it, with the complex of living in the United States which is supposed to be the land of the free. The cost of living now these days have put those who only make minimum wage in poverty stricken situations, which now they have no choice but to depend on the government to live. We either have to lower the cost of living so that people can live a somewhat sustainable life, or raise the minimum wage so that we can afford the cost of living that is provided to us. SomethingsRead MoreThe Minimum Wage Debacle1320 Words   |  6 PagesThe Minimum Wage Debacle â€Å"I could be easily replaced by someone tomorrow for less money.† What a dispiriting statement. I was told this from a coworker in October of last year. This coworker has worked for the same grocery store for over twenty years. His remark caused me to formulate many questions about the ethics of business. More specifically though is the question of how this can be a bigger problem than I had originally thought. I have worked many low end jobs, and have seen firstRead MoreWhat Happens When Minimum Wage Essay703 Words   |  3 PagesWhat happens when minimum wage goes up to $15? If minimum wage is raised to $15 food price will rise on your favorite fast food restaurants like McDonalds, Taco Bell, Subway, KFC and many more. If minimum wage is put to $15 an hour some small businesses will shut down because they won’t have the money to pay their coworkers and if they don’t pay their workers they will end up quitting or some will end up suing the businesses and either way they would end up getting shut down or closed downRead MoreMinimum Wage Should Be Raised For A Better Standard Of Living1636 Words   |  7 PagesVamsi Sanagala Hannah Manshel Dec 15 2014 English 1 Minimum Wage Almost 3.3 out of 76 million workers in the US receive minimum wage (Source: BLS reports). Activists for raising the minimum wage claim that the federal minimum wage of $7.25 is the reason they are living in poverty, and that the wage must be raised for a better standard of living. Many people who take on minimum wage jobs are young and work in companies that don’t carry much prestige; however, they stillRead MoreThe Price Of Minimum Wage1406 Words   |  6 Pagesanalyse and draw conclusions on minimum wage in relation to its standing in business law, we first of all need to define what the meaning of the term is. National minimum wage was introduced in 1998 through the national minimum wage act. This enforced that employers would pay each employee a set value set by the government per working hour. One of the main benefits of this was that the most low skills jobs within society received a fair wage. Setting the price of minimum wage is a compl ex task as the main