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Pros And Cons Of Minimum Wage Jobs

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... References About Job Searching. Minimum Wage: Minimum wage rates and requirements. Minimum Wage The minimum wage as part of the Fair Labor Standards Act was passed in the year 1938. The first minimum wage was .25 per q1. The decrease in employment due to wage increase is q1q2 Minimum wage is the lowest wage that employers are allowed to pay employees by law. Minimum wage laws will cause high-paid manufacturing jobs being replaced by minimum-wage jobs at McDonald's and Wal-Mart." Yet interestingly enough, Increase Minimum Wage The Kennedy-Bonior Minimum Wage Proposal has increased the minimum wage to $6.65 per hour in three steps. This would ...



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Sources list for PROS AND CONS OF MINIMUM WAGE JOBS:

Jackson, A. "Low Wage Jobs and High Wage Jobs", Economy, Spring, 14(1), 2003.
Child Poverty

Relave, Nanette. "Minimum Wage Legislation and Living Wage Campaigns." Information for Decision Making: The Finance Project. Jan, 2004. The Finance Project. 6 March, 2004. < http://www.financeprojectinfo.org/mww/minimum.asp>
Minimum Wage

Slaughter, M. J. and Swagel, P. 1997, 'Does Globalization Lower Wages and Export Jobs?', International Monetary Fund, September.
United Kingdom's Automobile Industry

Alexopoulus, Zach. Minimum Wages: Helpful Not Harmful. 2004. Vibewire.Net. 31 July 2004. http://www.vibewire.net/articles.php?id=2642
The Minimum Wage

Nix, Mark. Should We Abolish the Minimum Wage? 1999. NCPA.ORG. 31 July 2004. http://www.ncpa.org/video/trans/414.html
The Minimum Wage

 


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