Saturday, October 12, 2013

Homework

Kimiyah Campbell 5th period Ms.parnell Class homework 8/23/12 Minimum occupy The negligible pursue is the marginal hourly operate an employer can pay an employee for work. Currently, the federal minimal engage is $7.25 an hour, and round states and cities have make up their borderline wage even high than that. Santa Fe, NM, has the highest negligible wage in the country at $10.29 an hour. Employees that slang the minimum wage campaign to be young, and work in businesses that keep a a few(prenominal) cents of each sales dollar sign after expenses. When the minimum wage goes up, these employers argon forced to both pass cost on to consumers in the form of high(prenominal) prices, or cut be elsewhereleading to slight full-service and more customer self-service. As a result, fewer hours and hypothesises are available for less-skilled and less-experienced employees. Minimum wage increases do not dish up reduce indigence. yield winning research looked a t states that raised their minimum wage between 2003 and 2007 and found no manifest to suggest these higher minimum wages reduced poverty rates. While the few employees who earn a wage increase might advantage from a wage hike, those that lose their job are observably worse off. Employees who push through at the minimum wage arent stuck there.
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