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Special Report on

Minimum Wage Laws

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The New York Times has a long article today in its Business Section about the dismal job market for teenagers this summer, here are some excerpts from “ Job Outlook for Teenagers Worsens “: “This year is shaping up to be even worse than last for the millions of high school and college students looking for summer jobs. With so many people competing for so few jobs, unemployed youth “are the silent victims of the economy,” said Adele McKeon, a career specialist with the Boston Private Industry Council who counsels students on matters like workplace etiquette, professionalism and résumé writing. Getting ...
Until recently, minimum wage laws were usually very tightly focused. In the U.S. 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 then, the laws were often specific to certain industries. In France , for example, they were extensions of existing trade union legislation. In the U.S., industry specific wage restrictions were held to be unconstitutional. The country's Fair Labor Standards Act of 1938 established a uniform national minimum wage for nonfarm, nonsupervisory workers. Coverage was ...
Can stronger unions and minimum wage laws fix unemployment ...
of the proposals to help lower unemployment, and he finds them mostly unsatisfactory. So he has a proposal of his own; increase minimum wage and strengthen unions: Without unions and minimum-wage laws, corporations compete on who can pay the least. With them, they compete on who has the best employees and they invest significantly in those employees. Which is exactly what we want, especially  since raising the minimum wage is  unlikely in and of itself to increase unemployment visibly. I think this is a bad idea. First, increasing the price you pay for a worker does not on it’s own increase the marginal productivity of ... market research, surveys and trends
Diary of A Singaporean Mind: Hong Kong Passed Its Minimum Wage Law ...
Despite having a legislature which is composed mainly by members not elected but selected by Beijing and dominated by business elites, they have passed their first minimum wage law. The minimum wage is set at S$5.84 per hour. In a posting about a year ago[ Link ], I explained why the PAP govt refuses to implement minimum wage laws. The 3rd world wage structure in Singapore has resulted in enormous disparities: Lowest paid jobs in Singapore* 1. Office cleaner $600 2. Manufacturing labourer and related worker $760 3. Kitchen assistant $991 4. Plastic product machine operator $994 5. Hospital attendant $1,000 6. Travel agency and ... market research, surveys and trends


Characteristics of Minimum Wage Workers: 2006
According to Current Population Survey estimates for 2006, 76.5 million American workers were paid at hourly rates, representing 59.7 percent of all wage and salary workers. 1 Of those paid by the hour, 409,000 were reported as earning exactly $5.15, the prevailing Federal minimum wage. Another 1.3 million were reported as earning wages below the minimum. 2 Together, these 1.7 million workers with wages at or below the minimum made up 2.2 percent of all hourly-paid workers. Tables 1-10 present data on a wide array of demographic and socioeconomic characteristics for hourly-paid workers earning at or below the Federal minimum ... industry trends, business articles and survey research
Minimum Wage Debate and Poll
In the U.S., Massachusetts enacted the earliest minimum wage law in 1912, and eight other states followed suit the next year. The U.S. laws were applicable only to women and minors. American labor unions at that time were engaged in a nationwide organizing campaign among male workers, and they opposed the application of such legislation to men as a possible deterrent to organization, because the possibility of obtaining a minimum wage by government action might lessen the incentive to join a union. It was not until 1933, when the federal government moved to alleviate the widespread hardship caused by the prevailing economic ... industry trends, business articles and survey research
Court OKs governor's cuts to state worker pay
The governor has the authority to lower most state workers' pay to the federal minimum wage if a state budget isn't in place, a state appeals court ruled Friday, the second day of California's 2010-11 fiscal year. The ruling came one day after Gov. Arnold Schwarzenegger ordered the state controller to cut pay for about 200,000 state workers to the federal minimum wage of $7.25 an hour. The court case began in 2008, when Schwarzenegger made a similar order. Controller John Chiang, a Democrat, defied the demand and was sued by the Republican governor, but a budget was approved before the case was resolved. Chiang on ... market trends, news research and surveys resources
State Workers Caught In Calif. Minimum Wage Fight
California politicians are battling over how to meet state workers' salaries in the midst of the latest budget crisis. Gov. Arnold Schwarzenegger wants to cut salaries of some 200,000 state workers temporarily down to minimum wage, but the state controller, John Chiang, is refusing to make the cuts. Copyright © 2010 National Public Radio®. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required. LIANE HANSEN, host: California politicians are engaged in their never-ending battle over the state budget. In the latest skirmish, Governor Arnold Schwarzenegger wants salaries for ... market trends, news research and surveys resources


Minimum Wage Laws
This document can be provided in different forms, such as large print, Braille or audiotape, by calling. (651) 284-5005 or (651) 297-4198/TTY. ... technology research, surveys study and trend statistics
Smart Politics - Do Higher Minimum Wage Laws Contribute to ...
States with a higher minimum wage than the federal $7.25 requirement have an average 2-point higher unemployment rate than the rest of the country Although many economists are expecting the U.S. economy and the jobs situation to soon be on the road to recovery, the nation's seasonally adjusted unemployment rate is still hovering just shy of 10 percent and has been in excess of 9.0 percent for a full year. There has naturally been great variation across the 50 states in terms of how much the economic downturn has ballooned its respective unemployment rolls. For example, at the extreme, the jobless rate in Michigan (14.0 ... technology research, surveys study and trend statistics
  1. profile image klmacewan RT @12twin62: RT @RobMcCarthyJr Killing Impact of Minimum Wage Laws That Increase Unemployment #tcot #p2 #teaparty
  2. profile image awomanwhoknows RT @CAPAction: #Tenthers assert minimum wage, child labor, and anti-discrimination laws unconstitutional. Do they know it's 2010? #p2
  3. profile image CAPAction #Tenthers assert minimum wage, child labor, and anti-discrimination laws unconstitutional. Do they know it's 2010? #p2
Do minimum wage laws raise unemployment? - Yahoo! Answers
Yes. It's called the "spill over" effect. Certain firms are in equilibrium at a certain wage price. When the government comes in and artificially raises that equilibrium via a higher minimum wage, it changes the labor demand curve for firms and they have to fire some workers because they can't afford to keep them. It mostly affects mom and pop shops. Asker's Rating: Asker's Comment: Excellent explanation, thank you. There are currently no comments for this question. * You must be logged into Answers to add comments. Sign in or Register . That depends on what the minimum wage is set to. If it is set ...
WikiAnswers - What is the minimum wage
The minimum wage is the lowest amount an employer may pay an employee for working as measured by payment unit per time unit; equivalently in economics, it is the lowest price a worker may charge for the sale of their labour. This varies according to currency (for obvious reasons), the time period used (often hours, but sometimes days or months), and the legislation creating the specific minimum wage law. For a list of current minimum wages (or explanation of the lack) see the related links. Note: There are comments associated with this question. See the discussion page to add to the conversation. First answer by ID1169540557 . ...