minimum wage seems so bad to have in this world
I know! It's the lowest remuneration anyone can legally give to their worker. How sad is this.
Yea its really disgusting to see how low it is these days
Some people say minimum wage actually increases the standard of living of workers and reduces poverty. I wondeer how!
Thats insane, maybe if it was 15 an hour it would.
Yeah but now it's $7.25 per hour since July 24, 2009. That's way too low.
yea even two jobs isnt enough these days
Minimum wage law
Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation.
History.
Until recently, minimum wage laws were usually very tightly focused. In the US and Great Britain, for example, they applied only to women and children. Only after the Great Depression did many industrialized economies extend them to the general work force. Even
opinion exist about the benefits and drawbacks of a minimum wage. Supporters of the minimum wage say it increases the standard of living of workers, reduces poverty, reduces inequality, and boosts morale. In contrast, opponents of the minimum wage say it increases poverty, increases unemployment (particularly among unskilled or inexperienced workers) and is damaging to businesses, because excessively high minimum wages require businesses to raise the prices of their product or service to accommodate the extra expense of paying a higher wage and some low-wage workers "will