ipl-logo

Minimum Wage Sociology

1153 Words5 Pages

Introduction More numbers of state are joining to take action to raise the minimum wage to $15 per hour in a few years even though there is a high disputing controversial all over the nation. The federal has set the minimum wage level to $7.25 on Jan. 1, 2015. In less than a year the index number of the minimum wage is going up automatically with cost of living. And eventually it will be likely to increase year by year with automatic and expectation index. Is it really a good thing to raise the minimum wage to meet the basic need for poor people? Is it the best way to prevent poverty rate and income inequality? Answers must vary from skeptical to comprehensive response depending on whoever answers these questions. Amid a debate on this …show more content…

Because taking into account negative employment effects and increases in consumer prices induced by the minimum wage would wipe out any positive direct effects on household affected by the minimum wage. The minimum wage becomes even less effective in reducing income inequality when negative employment effects are taken into account. I will address the negative effects in sociological aspects by the …show more content…

We find no evidence that minimum wage increases between 2003 and 2007 affected overall state poverty rates.”(Leigh, A. (2007) Proposals to increase the minimum wage are politically popular because they are widely seen as an effective way to help the working poor. In spite of it, state and federal minimum wage increases between 2003 and 2007 had no effect on reducing the poverty rates. “Minimum wage increases have thus far provided little more than symbolic support to the working poor.” (Card and Kreuger 1995, p. 593) This finding shows that the minimum wages fail to reduce poverty because many poor Americans do not work. Also, this increase would not be well targeted at low income households, and would only influence negligible effects on the income inequality. All these evidence suggest that the minimum wage increases do not reduce

Show More
Related

  • Minimum Wage Fair Research Paper

    426 Words  | 2 Pages

    Also, it will increase drug use. Another reason is that if there is an increase in minimum wage it would encourage workers with less skill to stay at the same level of experience that they have because nothing is pushing them to get a better job or to earn promotions. If the minimum wage were to be raised, people who are in poverty and that is on welfare has almost all the support they need to get a degree and try for a better job. People that are on

    Read More

  • Summary Of Minimum Wage Hurt Low Income Workers By Jame Sherk

    646 Words  | 3 Pages

    In the article, “Minimum Wage Hikes Hurt Low-Income Workers,” Jame Sherk debates how an increase in the minimum wage would impact workers and corporations. Sherk builds his argument by first explaining the recent history of an increasing minimum wage and how much it has risen. Following, he argues why it would hurt businesses and low-income workers. Lastly, after illustrating the consequences, he offers statistical evidence to support his claim and to prove to the reader why the hike would only hurt both businesses and low-income workers. Sherk’s use of evidence and explanation offers a strong argument and a clear stance.

    Read More

  • The Pros And Cons Of Raising Minimum Wage

    567 Words  | 3 Pages

    A recent study involving three hundred fifty thousand small businesses and the IRS proved that by raising the minimum wage, proved that by raising the minimum wage in cities, actually created jobs (Meyerson A.19). The survey showed that the cities with a higher minimum wage had more jobs come to the area, aiding in job growth (Meyerson A.19). Another argument that leans toward the raising of the minimum wage involves people in poverty. Studies have shown that by raising the minimum wage, more people can live above the poverty line (Meyerson A.19). By raising the minimum over nine hundred thousand people would be

    Read More

  • Raising Minimum Wage Analysis

    316 Words  | 2 Pages

    After thoroughly reading two articles by Surowiecki and Saltsman on if the United States raising minimum wage, the minimum wage should remain the same. To support this statement, Saltsman states that the people who live below the poverty line, in fact, are not poor because of minimum wage; Americans remain poor due to not working at a job. People continue to live in poverty because they lack the skills to even attain a job or look for a job. Even though Surowiecki claims that 46% of today’s families live off of a minimum wage worker, minimum-wage jobs weren’t meant to support families. Minimum-wage jobs were meant for teenagers and woman.

    Read More

  • Should The Minimum Wage Be Increased?

    601 Words  | 3 Pages

    According to William Dunkelberg, a writer for Forbes magazine, by raising minimum wage there could become less jobs than before. Though the people who have jobs would be making more money, smaller companies wouldn’t be able to pay for their employee’s, and would have to let people go. “Small businesses stay in business

    Read More

  • Persuasive Increased Minimum Wage

    105 Words  | 1 Pages

    Since the election and reelection of President Barack Obama the increase in minimum wage has been a major topic for the United States. His proposal to increase minimum wage has sparked a lot of controversy with some Americans. Many believing that increasing minimum wage will have a negative impact on our economy and even our educational system. They argue that increasing minimum wages will harm the very people it was intended to help because it will increase housing cost as well as the price of consumer goods. They argue that it will decrease the high school enrollment rates at the same time increase dropout rates.

    Read More

  • Should Minimum Wage Be Raised Essay

    1030 Words  | 5 Pages

    Currently, many workers are unable to afford the cost of basic necessities, such as housing, food, and transportation. By raising the minimum wage, these workers would have more disposable income to cover these costs, allowing them to live more comfortably. This would reduce the financial burden on those making the minimum wage, allowing them to save more and invest in their future. Additionally, raising the minimum wage would create more jobs, as businesses would need to hire more workers to keep up with the increased demand. This would lead to a decrease in unemployment, resulting in a decrease in the cost of living due to increased competition in the job market.

    Read More

  • Minimum Wage In Texas

    1993 Words  | 8 Pages

    In fact, 18% of the benefits would go to households with an annual income less than $20,000. Benefits of an incrementation disproportionately avail those working households at the bottom of the scale. Albeit households in the bottom 20% receive only 5% of national income. Benefits of the antecedent minimum wage increase peregrinated to these workers. A majority

    Read More

  • Essay On Raising The Federal Minimum Wage

    733 Words  | 3 Pages

    A minimum wage increase from “$7.25 to $10.10 would result in a loss of 500,000 jobs”. ("The Effects of Minimum-Wage Increase on Employment and Family Income”) This claim is better because it shows how raising the minimum wage will decrease job growth instead of increasing it. But, the minimum wage should be increased because increasing will also increase economic activity and spur job growth, decrease poverty, and improvements in productivity and economic growth have outpaced increases in the minimum

    Read More

  • Persuasive Essay On Minimum Wage

    711 Words  | 3 Pages

    If America raises the minimum wage to $9.00, it will help people in need or in poverty, but it also won’t hurt people in the workforce. If you increase the minimum wage to $15.00 it will make unemployment rates go high up. Which in the process, makes the homelessness rates go up in the country and in your community. If you keep the minimum wage at $7.25 people will stay in poverty and homeless or on the verge of homelessness.

    Read More

  • Persuasive Essay On Minimum Wage

    880 Words  | 4 Pages

    Minimum wage and poverty With everything going on with the Walmart workers picketing for fifteen dollars an hour wages, the topic is widely discussed with many people taking many different sides. The essay “Raising the Minimum wage will reduce poverty” By Sharon Parrott and Jason Furman, They go into how they think the minimum wage should be raised in order to decrease poverty in america, Of course there are reasons to raise it and reasons to not raise it. Yet with the multitude of reasons for and against it, it’s hard to make a decision that makes everybody content, Some of the reasons not to raise it include, Raising it can make prices for everyday items go up, Why go and spend thousands of dollars on college when you could get a decent job right out of high school, and Why let workers who work at unskilled jobs make as much if not more than the military. Some reasons for minimum wage raising is, The fact that the cost of living is higher means people can’t survive with minimum wage without federal care, And just helping people get back on their feet when they couldn’t find a job. The reasons Minimum wage shouldn’t be raised outweigh the reasons it should.

    Read More

  • Essay On Federal Minimum Wage

    670 Words  | 3 Pages

    In conclusion, a federal minimum wage increase will significantly improve the standard of living of low-wage workers. To meet their basic needs, workers must be given a living wage. It is not only morally correct to do so, but also beneficiary to both ends. The increase in wages allows for a more supportable income, but it also stimulates the economy.

    Read More

  • Increase Minimum Wage Essay

    607 Words  | 3 Pages

    Every time the minimum goes up she sees no change in her wage but an increase in prices for food to feed her kids. I’m not saying that an increase is bad, just that we clearly aren’t doing enough research in order to make effective policy. There may not be a perfect answer that makes everyone happy, but there has got to be a more effective way to deal with our issues of poverty and low wages. What we need is better information that’s used properly to make more effective

    Read More

  • Arguments Against Raising Minimum Wage Essay

    636 Words  | 3 Pages

    Many politicians, business owners, and citizens hold fast to the belief that heightening the salary attached to minimum wage positions will yield negative benefits for our society. This opinion is supported by three vital view-points. The first can be found in the news article, “The Argument Against Raising Minimum Wage.” It expresses how the enlargement of this payment will take a toll on employment. The document reasons that if the amount of money employees earn is expanded, companies will be less likely to hire as many workers (Huppke).

    Read More

  • Essay On Increase In Minimum Wage

    704 Words  | 3 Pages

    Many argue that an increase in minimum wage will help guide low skilled workers out of poverty and assist them into having a better career. That is not necessarily true, Many economists can agree that minimum wage jobs such as cashiers, host or a hostess are not jobs that meant to support a family. If anything by raising the minimum wage, it will put more people in poverty than guide them out of poverty. A raise in minimum wage will cause loss of jobs, an increase in the inflation rate, increase in

    Read More

More about Minimum Wage Sociology

Open Document