Sample thesis statements:
Raising the minimum is necessary in order to provide a livable income to low-wage workers. Raising the minimum wage will help stimulate the economy because low-wage workers will be able to spend more.
People also ask, does higher minimum wage cause unemployment?
Raising the minimum wage has positive impacts, such as bringing people out of poverty and increasing income for individuals and families. However, increasing the minimum wage can also lead to increased unemployment, depending on the wage increase, because employers would seek automation as opposed to hiring workers.
Simply so, what is minimum wage def?
A minimum wage is the lowest wage per hour that a worker may be paid, as mandated by federal law. It is a legally mandated price floor on hourly wages, below which non-exempt workers may not be offered or accept a job.
What is the current minimum wage?
When minimum wage increases Does everyone get a raise 2021?
Local minimum wage increases:
| Jurisdiction | Minimum wage rate July 1, 2021 |
|---|---|
| Los Angeles, CA | $15 (25 or fewer employees; larger employers already subject to $15 minimum wage) |
| Malibu, CA | $15 (25 or fewer employees; larger employers already subject to $15 minimum wage) |
| Milpitas, CA | $15.65 |
Why is minimum wage important?
The purpose of the minimum wage was to stabilize the post-depression economy and protect the workers in the labor force. The minimum wage was designed to create a minimum standard of living to protect the health and well-being of employees.
Will I get a raise if minimum wage goes up?
Raising the federal minimum wage to $15 per hour would increase wages for 17 million U.S. workers, according to the Congressional Budget Office. Another 10 million additional workers earning slightly above $15 per hour would be affected.