Persuasive Essay On Minimum Wage

Minimum Wage On September 4th, 2017, Fox News alerted that fast food workers went on strike to try and raise their minimum wage from $11 to $15 per hour. They may not have realized that people who work in manufacturing, jobs which require more training, pay about $12.16 per hour. Despite the belief of these workers, the minimum wage value should not be raised as it will create a lower work incentive, does not reduce poverty, and will make it hard for businesses to hire or even keep very many employees. There is a common misconception about the meaning of wage. According to dictionary.com, wage means “money that is paid or received for work or services, as by the hour, day, or week.” That being said, wage is what the employer tells the employee …show more content…
The Center for Poverty Research said that the minimum wage price has been raised twenty-two times since then, recently set at $7.25 in July of 2009. It also stated that the FSLA has federal protections like the payment of minimum wage, overtime pay, and restrictions on child employment. Some states even have their own minimum wage laws. Five states have no minimum wage laws, two states follow the federal minimum wage because their set wage is below, fourteen states have minimum wage set at federal level, and twenty-nine states have minimum wage set higher than the federal …show more content…
It also would increase prices, causing inflation. Over-inflation is bad for the economy and can lead to a recession, like the most recent recession ending in 2009. The economy has seemingly recovered from this recession, with the unemployment rate down to 3.9%. With a $15.00 minimum wage, employers would have to increase prices in order to keep up with how much more they will have to pay their employees. Employers that already pay more than $15.00 per hour might then also feel pressured to raise their wages, thus raising prices for

Show More