Wednesday, February 6, 2019

The Minimum Wage Should Not Be Increased :: Minimum Wage Essays

Although many Americans believe an join on in the minimum absorb is always a positive maltreat for the federal government to take, the most recent wage promote could impart in some harmful effects.One group potentially lose by the increased minimum wage is teen-aged workers. Four hundred and cardinal thousand teen jobs have been lost due to Congress place the wage hike into place in 2007 (New Ad Campaign). In 2008, the months June by means of August, only 32.7 percent of teens had jobs. This is down from 45 percent in June with August 2000, stated by the U.S. Bureau of Labor Statistics (Petrecca). In the stand up 17 years unemployment for American teens has increased a great amount. briefly the unemployment range is at 24 percent. In one year unaccompanied that percent has increased nearly 12 percent. Other ethnicities, such as African Americans, are also feeling the effects of unemployment. Currently the unemployment rate for African American teens is 37.9 per cent thats four times the discipline average. These groups of African American teens have been hit the hardest with the unemployment rate increasing 27 percent in one year. According to Kristen Lopez Eastlick, Senior Research psychoanalyst for the Employment Policies Institute, The unintended consequence of the federal minimum wage hike is pricing some employees out of the workforce, and based on the recent unemployment data, its teens-minority teens especially-who are get offting hit the hardest (Are Summer Jobs). John Silva, chief economic expert at Wells Fargo said, Its tough timing, he anticipates that teenagers and those who are less qualified will have the hardest time finding work. Youre going to have a very negative response. In a recession like this, companies dont have the pricing king to pass on those costs (Maher). Congress increasing minimum wage was meant to help those people who are getting paid right at the minimum wage level. But, if people cant even get a job that pays minimum wage then the new uprightness is hurting more than its helping. Works CitedAre Summer Jobs sack Out of Business? Science Letter 21 July 2009 2887.

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