The color of a Ruby is the most important feature of the gemstone. Rubies are available in a range of red hues from purplish and bluish red to orange-red. The brightest and most valuable color of Ruby is often âa Burmese Rubyâ â an indication that it is a rich, passionate, hot, full red color with a slight blue hue.
Minimum Wage. What is 'Minimum Wage'. A minimum wage is a legally mandated price floor on hourly wages, below which non-exempt workers may not be offered or accept a job. As of June 2016, the minimum hourly wage rate in the United States is $7.25.
The minimum wage is important because it raises wages and reduces poverty. Proponents assert that it is needed to protect workers from exploitative employment practices. Opponents of the minimum wage claim that it is an unnecessary government intrusion into the relationship between employer and employee.