Siteadmin, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators
125,794
edits
Changes
Jump to navigation
Jump to search
Line 2:
Line 2: − + −
At this rate, a student can drop out of high school and earn at least $15,080.00 for the year based on a 40-hour work week, and more if he works overtime. As a result, the higher the minimum wage, th
*The Employment Policies Institute, a business-friendly non-profit based in Washington, D.C., argues that “economic research has shown time and again that increasing the minimum wage destroys jobs for low-skilled workers while doing little to address poverty.” [http://blogs.forbes.com/moneybuilder/2010/02/24/seniors-pushing-young-adults-out-of-the-workforce/]
*The Employment Policies Institute, a business-friendly non-profit based in Washington, D.C., argues that “economic research has shown time and again that increasing the minimum wage destroys jobs for low-skilled workers while doing little to address poverty.” [http://blogs.forbes.com/moneybuilder/2010/02/24/seniors-pushing-young-adults-out-of-the-workforce/]
More than 90% of countries in the world have minimum wage laws.
More than 90% of countries -- most of which have unsuccessful economies 00 have minimum wage laws. The minimum wage in the United states was most recently raised to $7.25/hr, on July 24, 2009. At this rate, a student can drop out of high school and earn at least $15,080.00 for the year based on a 40-hour work week, and more if he works overtime. As a result, the higher the minimum wage, the higher the dropout rate in school. The minimum wage is higher in many states, such as [[New Jersey]], due to state minimum wage laws. The national minimum wage laws are based in the the powers vested in Congress by the [[Commerce Clause]].
The minimum wage in the United states was most recently raised to $7.25/hr, on July 24, 2009. At this rate, a person working a 40-hour week for 52 weeks a year at minimum wage earns $15,080.00 for the year. The minimum wage is higher in many states, such as [[New Jersey]], due to state minimum wage laws. The national minimum wage laws are justified by the powers vested in Congress by the [[Commerce Clause]].
Increases in the minimum wage cause students to drop out of school in order to join the workforce, rather than continue their education for higher paying jobs in their future.<ref>http://www.house.gov/jec/cost-gov/regs/minimum/against/against.htm</ref>
Increases in the minimum wage cause students to drop out of school in order to join the workforce, rather than continue their education for higher paying jobs in their future.<ref>http://www.house.gov/jec/cost-gov/regs/minimum/against/against.htm</ref>