Increase Minimum Wage Essay

Words: 589
Pages: 3

Increasing the Minimum Wage
My position is that there should be an increase to minimum wage. The topic on minimum wage increment has been debated for a very long time. From the White House to the coffee shops, and in homes all across the United States of America with few or no results that are either in support or otherwise. Just recently, the food workers in the fast food industry went on a strike demanding for their wages to be increased. Unluckily, their efforts only got the media’s attention since their wages remained the same. Although an increase to the minimum wage will not end poverty, an increase to it would decrease the number of low-income workers as well as the numbers of people unemployed. Additionally, it will be a boost to the
…show more content…
B. (1983). Additionally, on job training would not need to be as much, since the employed would be more likely to further their education levels, which would help them land well-paying jobs. It is important to note that an increase to the minimum wages does not cause adverse effects to the labor market. Contrary to this, a survey conducted showed the minimum wage increase did not cause any job losses, Card and Krueger, 1994. An increment would enable those working families hit by the recession to keep up, which would be a boost to the economy as a whole. For instance, an employee who works for 40 hours a week should not have an annual income that falls below the poverty line. Individuals who have chosen not to work and instead receive financial support from the government, live a life that is much better, one would even think they worked. Such mentality causes the entire economy to suffer, which makes more individuals to follow such a lifestyle that would eventually lead to an increase of unemployed people, Grossman, J. B. (1983). This would also lead to an increase in the tax for the taxpayers since the number of unemployed people keeps on