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Change in Federal Minimum Wage

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Written by:

Adolph L


Date added:

November 21, 2012








No of pages / words:

2 / 493


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2969 times


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At this time, the minimum wage is now only equal to about 32 percent of the average wage for private, non-supervisory workers. (Wendland) One of the main defenses of not increasing minimum wage sooner, is that business', when forced to increase the salary and wage expenses, will move parts of their companies overseas or suffer a profit loss in general...
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Through the process of surveying and research, it is believed that a raise in the minimum wage to $7.25 an hour would benefit around 7.3 million minimum wage workers immediately. About 8.2 million employees who receive only about $1.00 above minimum wage would also see a wage increase. Keeping this in mind, it is also speculated that only about 12...
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