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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1475 |
Essay's paper body
There are many studies that indicate the benefits are just as numerous as the damage done. According to James Kaz, the majority of those who are paid minimum wage are not poor but rather one of at least one other income providers in a household. "Most people working for minimum wage are teenagers?and those used to simply go work for almost nothing for some company or individual in the field they wanted their career"...
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"Most people working for minimum wage are teenagers?and those used to simply go work for almost nothing for some company or individual in the field they wanted their career". (Kaz02.html)
It appears that the poor are done much more damage than good through minimum wage increases. Neumark et al. (1999) provide the following background in that regard:
The lower employment occurs mainly because the increase in the cost of low-skilled labor, relative to the cost of using other productive inputs (such as machinery or more skilled workers), leads employers away from using low-skilled labor and toward these other inputs...
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General points of the essay
Life Struggle on Minimum Wage
Minimum Wage Laws
Minimum Wage Legislation
Raising Minimum Wage
The Effects of Higher Minimum Wage
The effect of the minimum wage has on unemployment
Change in Federal Minimum Wage
Minimum Wage Impact
Raising The Minimum Wage
The Minimum Wage And Why We Should Leave It
Against raising minimum wage
Minimum Wage debate
minimum wage troubles
minimum wage
Should Minimum Wage Be Increased?
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