thesis statement on raising minimum wage

Minimum Wage - Free Essay Samples And Topic Ideas

The concept of a minimum wage, a lower earnings limit set by law or regulation, has been a subject of extensive debate and analysis. Essays could delve into the historical evolution of minimum wage policies, the economic theories surrounding it, and the impact of minimum wage increases on employment, poverty, and income inequality. They might also discuss the differing views on minimum wage adjustments, exploring arguments from both supporters and opponents. Discussions could extend to the real-world examples of minimum wage implementations, comparing the outcomes in different regions or countries, and analyzing the broader implications of minimum wage policies on economic welfare and social equity. A substantial compilation of free essay instances related to Minimum Wage you can find at PapersOwl Website. You can use our samples for inspiration to write your own essay, research paper, or just to explore a new topic for yourself.

Why Minimum Wage should Increase

Across America, the ranks of the working poor are growing. Since 1938, when the minimum wage was first introduced (at a rate of $0.25 an hour), the federal minimum wage has increased 22 times. Twenty-one states have minimum wages at or below the federal minimum and various other states have minimum wages that are above $7.25 an hour, but still inadequate. Even though some states have higher minimum wage than others it still doesn't help the workers rise higher than […]

Minimum Wage should not be Raised

The minimum wage is currently $7.25 that had started in the year of 2009. Yet, some people still do not think it is enough. The minimum wage had started off as 25 cents per hour in the year of 1938. Many would say that is crazy, because how did they survive with only being paid a quarter hourly. Many things was much cheaper back in the them times (not all things), although people fail to realize that raising the minimum […]

Why do Different Workers Receive Different Wages?

The concept and wage structure are very diverse in countries around the world. Work is understood as salary. Salary is the price of labor power formed by an agreement between the employers and workers in accordance with the labor supply and demand relationship in the market economy. Employers pay workers according to employees' jobs. Wages are money that workers receive when they have completed a job, that job which is not prohibited by law. Wages are more directly linked to […]

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Pros and Cons of Increasing the Minimum Wage

Introduction The minimum wage is the lowest reasonable price that an employer is legally obliged to compensate for work, not including collective agreements and custom employee contracts. The federal and state governments are responsible for setting their minimum wage policies, which may differ. The aspect of wages is a grave concern in the modern world due to the discussion among economic experts, whose opinions differ on whether it should increase or stay stagnant (Kops, 2017). The increase in the minimum […]

Should the Government Raise the Federal Minimum Wage?

The federal minimum wage was first introduced in 1938 during the Great Depression under President Franklin Roosevelt. Since its introduction, it has been changed several times by Congress. The minimum wage is the lowest wage employers can legally pay their employees. It was created to help Americans in poverty and consumer power purchasing. Lately, there has been a massive political debate on whether or not to raise the minimum wage. I believe that the minimum wage should be increased since […]

Pay Gap by Gender and Race in Seattle WA

Seattle is deeply unsettled the past ten years once a national study unconcealed that the railway line space has one among the biggest genders pay gaps within the country. the foremost goal of this text is to know the sources of the convergence in men’s and women’s earnings within the public and personal sectors similarly because the stagnation of this trend in the new millennium. For this purpose, we tend to delineate temporal changes within the role vie by major […]

How could Minimum Wage Increase Help the Poor

It has long been debated whether the minimum wage would be beneficial for the poor. The minimum wage should be increased to help people from working-class families. The cost of living is so high, especially in major cities such as New York, that it is nearly unbearable to raise a family on a minimum wage income. A single-family has to make ends meet to survive on a minimum wage job. Living expenses are just too outrageous to simply live on […]

The Negative Effects of Increasing Minimum Wage

There is a current issue that is become very popular at political debates around the US; to raise the minimum wage or to not? This question rose from the Fair Labor and Standard Act of 1938 which effectively set a livable rate at which employees could sell their work. The specific question that I will be addressing is: What are the negative externalities to raising the minimum wage? Many studies, including one from the United States Bureau of Labor stated […]

Child Labor Comes up

When the topic of child labor comes up many people either say it was a bad thing, or it was a good thing. Some people may feel bad for what the kids went through and some simply don’t care. It’s okay not to care but it should at least make you wonder and feel concerned about it. Throughout history we have seen children working hard as servants or either apprentices. Yes Children have been exposed to labor work but further […]

Impacts of a Rise in Minimum Wages

Introduction The minimum wage has been, for a long time, a topic of discussion in almost all countries since it directly affects the lives of the citizens. There are arguments and counterarguments regarding the effects of the continuous rise of the minimum wages concerning the welfare of the people and the dynamics of the economy. In the U.S., low-income earners continue in the push for the rise of minimum wages. Throughout the years, due to the changes that have been […]

Minimum Wage and Prices

The price control set by the government which is related to wages for work is called minimum wage. The current federal minimum wage is $7.25 per hour, but some states had passed laws that increased the amount. People should also be aware that minimum wage does not guarantee jobs. In fact, it only guarantees that the employees will earn at least the minimum amount. Raising the minimum wage can also lead to unemployment, higher prices, and disadvantages to people with […]

California Housing Crisis Research Paper

California, the land that once embodied the pioneer spirit and the American dream, now embodies the American nightmare; the rich get richer while the hardworking sink deeper into the mud of fiscal disparity. Those who cannot afford life in large cities often paradoxically cannot afford a higher paying job. Celebrities and lawyers reside in hilltop mansions while the economically lower classes flounder to make a living and stay in their homes. College graduates continue to move back into their parents’, […]

Increasing Minimum Wage for the Economy

Increasing the minimum wage may seem like an obvious decision for some; why wouldn't we pay poverty-stricken entry level workers more livable wages? However, there can be grave consequences that result from such drastic economic changes that must be considered, especially when these consequences hurt the intended beneficiaries. The minimum wage should not be increased, as increasing it will have a variety of negative economic consequences for businesses and workers, and it will be a change that will cause more […]

Why Minimum Wage should be Increased?

Throughout time minimum wage has played a big role on the way Americans make money. It has helped many people provide for themselves and their family, but with the cost of living and the economy constantly increasing it is making it harder for those who depend on a minimum wage job to be able to take care of the responsibilities they have with the little of money they are making. With the economy and cost of living constantly increasing americans […]

The Effects of Minimum Wage

The federal minimum wage is seven twenty five an hour and is most certainly fair at that price. It is the basis and starting point for many Americans climbing the job ladder. Factual evidence and statistics can show raising it will hurt many more than it would help. A wage increase is well intended but is counterproductive because it hurts our unskilled and young workers, the low income areas some who are in poverty, and also encourages more high school […]

Effects of Minimum Wage Increase on Poverty Rates

To a certain extent, I agree that it is effective in reducing poverty because it will help some workers who really come from a poor background. But if only a small percentage of the poor will benefit from it and if it helps more people who are above the poverty line than those below it, then it is not a plausible approach. If the target is to reduce poverty, then there needs to be a better solution wherein most of […]

Making Money has Become too Important in our Modern Society

Frequently, individuals say that they can live without money. They characterize money as only one of the apparatuses that upgrade people groups living climate. In any case, in actuality, money is a vital matter in people groups' lives. Albeit individuals in history may have survived the trading of merchandise and not depending on the worth of money itself, current culture today couldn't work without money. Money assumes an immense part in the general public in an assortment of ways, for […]

Positive and Negative Effects of Minimum Wage on People

I. Introduction A. Attention Getter: Imagine this: You're a single parent working a full-time minimum wage job, or multiple minimum wage jobs, and still are living paycheck to paycheck if you make enough to even provide for your family. Would minimum wage rising make this better? Or would there be a domino effect of higher prices? B. Reason to Listen: Millions of people across the country are living paycheck to paycheck off of minimum wage. Everyone's first reaction to this […]

Main Causes why Minimum Wage should Increase

There are a lot of people around the world who struggle with money because of the minimum wage. Minimum wages have been one of the biggest topics around the United States. Minimum wage is the minimum hourly wage an employer pays an employee for work. Since 1938, when the minimum wage was first introduced at a rate of $0.25 an hour, the federal minimum wage has increased 22 times. In all 50 states of America, twenty-one states have minimum wages […]

Minimum Wage Increase and Employment and Job Opportunities

For many years now, people have been arguing over the minimum wage of $7.25. Some clam that it is too low and some even clam it is too high, but I have decided to do some research on the topic. In the book, Undocumented, Dan-el's mother was a college graduate from the Dominican Republic and was compensated as such. When she later traveled to the United States to give birth to her second son, she ended up staying in the […]

The History and Understanding of the Concept of a Minimum Wage

The concept of a minimum wage is self-explanatory: employees are guaranteed a pay rate that their employers cannot legally reduce. Today, minimum wage laws play a critical role in our economy; but this was not always the case. The first minimum wage laws were enacted in New Zealand in 1894 but did not come to the United States until 1938. The 1930s were defined by the Great Depression, an economic catastrophe that crippled the world, resulting in monumental levels of […]

The Advantages and Disadvantages to Living in a Big City or Small Town

There are many advantages and disadvantages to living in a big city or a small town. Both hold certain characteristics that make them special to different individuals. One person might prefer living in a city, with its fast-paced lifestyle, while another might prefer the quietness of a small town. The different views all boil down to a person's personality. Yet, the question remains: Is living in a big city or small town better? When comparing various factors such as academics, […]

Unemployment and Minimum Wage in the US

In the United States minimum wage is talked about more than any other countries. Minimum wage is the lowest wage permitted by law or by a special agreement such as one with a labor union. (dictionary.com) As of right now the minimum wage that is established by the government is $7.25, while here in Colorado the minimum wage is higher than most other states being $10.20 per hour. (State Minimum Wages) Raising the minimum wage in the United States is […]

Minimum Wage and its Impact

Minimum Wage and Its Impact: An Argument for Increasing the Federal Minimum Wage Since the Industrial Era, workers in North Carolina and across the US have fought for better working conditions, less hours, no child labor, and most importantly a wage that could support life in the United States. Throughout the years, many of the state and federal governments have passed legislation to increase the minimum wage, decrease working hours, and to prevent child labor. While some states make advances […]

Minimum Wage in the United States

On July 24, 2009 the federal government set the minimum wage throughout the United States at $7.25. Millions of middle and lower class families struggle to make financial ends meet. Meaning the wage isn't even enough for a family of two or three children. While the wages are low, it is also a burden to find employment in an economy that is struggling to keep afloat. Minimum wage is a way companies save money and create more jobs while doing […]

About Negative Effects on Minimum Wage

The amount of money a person is paid should be based on their skills and knowledge, not on what the government decides is fair. Raising the minimum wage does not make that worker more valuable to an organization, it only makes him more expensive. Much of the workforce feel like they are being paid unfairly and want to see their wages increase dramatically. This would cause the opposite effect of what they think would happen and will be a lot […]

Is Minimum Wage an Issue in America?

Minimum wage and it's issue in America has sparked a profusion and has affected millions of individuals for years. The set minimum wage for those of whom are in the United States is $7.25 a hour for workers (Doyle, 2018). The problem with minimum wage in America is that it causes a lot of poverty, causes individuals to work more than just one job. Minimum Wage also affects our youth in society. Minimum wage has been a consistent problem since […]

The Minimum Wage Must be Raised

Ellie Barraclough Mrs. Miles ENGL 201 16 Nov 2018 The Minimum Wage Must Be Raised As of July 2009, the federal minimum wage has been $7.25, which is far too low to make a living. The minimum wage must be increased for the betterment of our country. In 2016, 701,000 workers above 16 were paid the minimum wage (Bureau of Labor Statistics). Raising the minimum wage will have an increase in employment, a decrease in poverty, allow people to afford […]

Increasing Federal Minimum Wage

The magnitude of the impacts of federal minimum payments has been a typical topic of discussion for years. Economic policymakers and academic researchers base minimum wage discussions in the context of poverty and increasing the wages. However, critics argue that there are many adverse effects on small businesses and the general economy of the country. A rise in the nation payments will have impacts on the economy of the American states in which the increase in minimum wage law is […]

The Minimum Wage and Professional Experience

I think if we were to raise the minimum wage in the United States it would end up hurting out economy as a whole. There are many facts that show an increase in the minimum wage would hurt our economy. For example the minimum wage in California has gradually been increasing since 2006. The minimum wage in California is projected to hit $15 in 2022 which is concerning to the people that live there. Since the increase in minimum wage, […]

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How To Write an Essay About Minimum Wage

Understanding the concept of minimum wage.

Before writing an essay about minimum wage, it's crucial to thoroughly understand what it entails. Minimum wage is the lowest remuneration that employers can legally pay their workers. It's a significant economic and political issue, with debates focusing on its impacts on poverty, employment, and economic growth. Begin your essay by defining minimum wage, including its history and the variations that exist in different countries or states. This foundation will set the stage for a more in-depth exploration of the topic in your essay.

Formulating a Thesis Statement

A strong essay on minimum wage requires a clear and focused thesis statement. Your thesis should present a specific viewpoint or argument about the minimum wage. For example, you might argue that raising the minimum wage is essential for reducing poverty, or conversely, that it could lead to higher unemployment rates. Your thesis will guide the direction of your essay, providing a clear path for your argument and ensuring that your essay remains focused and coherent.

Gathering and Analyzing Data

To support your thesis, gather relevant data and research from credible sources. This might include economic studies, government reports, and expert opinions. For instance, if you're arguing that increasing the minimum wage boosts the economy, you'll need to find economic data that supports this claim. Analyze this data critically, considering different perspectives and the quality of the evidence. Including a range of viewpoints will strengthen your argument and demonstrate a comprehensive understanding of the topic.

Discussing the Impact of Minimum Wage

Dedicate a section of your essay to discussing the various impacts of the minimum wage. This could include its effect on poverty, employment, small businesses, and the overall economy. Discuss both the potential benefits and drawbacks, and relate these back to your thesis statement. For instance, explore how a higher minimum wage might lead to increased consumer spending but could also result in higher operating costs for small businesses.

Concluding Thoughts

Conclude your essay by summarizing the main points of your argument and restating your thesis in light of the evidence and discussion provided. Your conclusion should bring together your analysis and offer a final perspective on the topic. This is also an opportunity to highlight any areas where further research is needed or to suggest potential policy implications based on your findings.

Final Review and Editing

After completing your essay, it's essential to review and edit your work. Ensure that your arguments are clearly articulated and supported by evidence. Check for grammatical accuracy and ensure that your essay flows logically from one point to the next. Consider seeking feedback from peers or instructors to refine your essay further. A well-crafted essay will effectively convey your insights on the minimum wage and demonstrate your ability to engage with complex economic and social issues.

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109 Minimum Wage Essay Titles & Examples

🤫 secrets of a powerful minimum wage essay & thesis, 🏆 best minimum wage essay topics & examples, 📌 most interesting minimum wage topics to write about, 👍 good minimum wage research topics, ❓ research questions about minimum wage.

Your argument is the most crucial aspect of your minimum wage essay, whether you are taking a stance for or against raising it. Thus, you will have to cover the unemployment and poverty causes and effects, which create the borderline for people’s bare existence.

However, explaining the mechanism behind the issue is only one of the facets. You will need to pay attention to creating a remarkable minimum wage thesis statement, outline, and more. Here are all the things you need for successful essay writing:

• Structure. Ideally, you should write your outline before you begin writing instead of during the process. It should reflect your argument and allow for the creation of a smooth transition between subtopics. Being coherent and easy to read ensures your readers interest in any topics you may mention.
• Ideas. These may come from your previous research, thoughts, or brainstorming. The more thought you put into your argument, the more minimum wage essay ideas you may gather and present to your readers. Doing so helps you create an excellent essay that is ready to counter-argue any problem.
• Thesis statement. One concise and on-point sentence should embody your whole paper, giving your readers a glimpse of what to expect from your work and what conclusions you hope to draw. If you are not sure of the quality of your thesis statement, then you can read sample sentences online. Continuously ask yourself whether the examples that you have found help the essay writer condense their argument.
• Title. Grabbing your readers’ attention is possible when you have understood how to create well-written minimum wage essay titles. Without them, your essay may be overlooked and forgotten, so do not be afraid to experiment with differently worded titles so you can judge, which may have the best effect on a potential audience.
• Conclusion . Finalizing your work and drawing coherent resolutions from it is the goal of all minimum wage essay questions. Do not reference any of the research you called upon in this paragraph, but instead make obvious the links between your used sources and final verdict. Your conclusion should be most representative of your work and leave a good impression on your audience.

Apart from these structural elements, you should also pay attention to the research aspect of your paper, integrating different credible titles into your bibliography.

This action demonstrates a comprehensive knowledge of minimum wage essay topics, as well as highlights the congruency of your thoughts with the academic community.

You may use different sources, from books and journals, from contemporary poverty speech performances to deportation laws.

You should not confine yourself to your outlined timeline and can mention modern-day implication of minimum wage, especially if it adds to your argument and does not forget your central issue.

Sticking to your argument is an essential aspect of essay writing. Asses each sentence you write and remove it if it does not suit your thesis statement. Your readers will notice all loose-ended and pointless arguments, which are irrelevant to your central theme.

Removing them will only increase the quality of your essay, allowing you to get better marks by being both coherent and comprehensive.

If doing so has dropped your work below your aspired word count, then you should review your outline and look for ways to develop your argument differently.

Do you want to write an essay that is better than merely “excellent”? Check IvyPanda’s essay samples to find out how!

• The Raising the Minimum Wage Article by Scott Raising the minimum wage: Good for workers, businesses, and the economy. The issue of the federal minimum wage has been long debated as it affects the economic status of the U.S.
• Effects of Minimum Wage Increase The proposed increase will indeed benefit workers by raising their overall living standards by granting minimum wage employees a more appropriate pay level to contend with cost-of-living increases and the supply side of the labor […]
• Effects of an Increasing Minimum Wage A minimum wage increase is beneficial to the company in the long term but expensive in the short term. The rising minimum wage would lead to reduced research and development in purchasing machinery and software, […]
• Definition of the Minimum Wage and Its Aspects An increase in minimum wages will lead to substitution in the market. An increase in wages will be directly proportional to the prices of commodities in the market.
• Researching of Minimum Wage and Living Wage Like any other commodity, labor is determined by supply and demand in the market, and any artificial intervention disrupts the market balance, leading to shortages and gray employment.
• Raising the Minimum Wage and Its Disadvantages The average leftists will try to achieve an increase in the level of salaries with the help of the minimum wage.
• Minimum Wage: Overview and Analysis The pandemic has led to a huge deterioration of the economy, and raising the minimum wage is not something that businesses can handle.
• Minimum Wage Legislation in Texas The key objectives for a lobbyist for the organization would be to emphasize the numerous benefits to the working class while presenting arguments that changes will not be disruptive to the economy or businesses.
• Increasing Minimum Wage in Los Angeles As already mentioned, it may be critical to evaluate the basic needs of the population precisely and provide sufficient minimum wage. Hence it may be needed to increase the minimum wage in the state of […]
• National Minimum Wage Analysis The minimum wage is the legally established wage for the rate fulfilled by the employee. The higher the minimum wage, the higher the taxes.
• Minimum Wage and Government Interventions Coming to the issue of minimum wage, it is the “floor price” of labor that is determined by the federal government to guarantee fair wages to the workers.
• Raising the Minimum Wage: Positive and Negative Aspects Increasing the minimum wage will increase the social efficiency of society, which is determined by the degree of satisfaction of its needs.
• Minimum Wage According to Marxism Analyzing the issue from the Marxist viewpoint, it can be concluded that increases in the minimum wage are beneficial to the working class but not to capitalists.
• Minneapolis Government Trends in Minimum Wage Increases According to the report of Associated Press, the City Council of Minneapolis has passed the ordinance to increase the minimum wages in the city to 15 dollars per hour.
• Minimum Wage Policy in Canada In response, according to Tipton et al, the minimum wage policy was put in place to counter the rising poverty level by ensuring that employees in Canada experienced the basic standards of compensation and employment […]
• Should the US Raise the Minimum Wage to $15 an Hour? While increasing the minimum wage is costly for businesses, not increasing the minimum wage is costly for the United States government.
• The Minimum Wage in China: Lee Wang Case The point in this case is that the main purpose of labour inspection is to correct the violation of labour ethics by employers, such as a company underpaying its employees, and to defend the employees’ […]
• Social Policy: Living on a Minimum Wage One of the primary findings is that the minimum wage is not a living wage. Another matter of concern is the fact that minimum living affects children and their prospects in life.
• Minimum Acceptable Remuneration Regulation A comparison of the minimum wages in Australia and the US shows that adopting policies on minimum wages to reflect levels of training and incorporate economic indicators has positive effects on employment.
• Fixing an Initial Minimum Wage The paper will also determine the reasons why the minimum wage is important to a nation and the reasons why minimum wage rate should not be constituted in a country.
• Long Term Investment Decisions Another policy, which the government may have in the regulation of a market economy is the regulation of the amount of tax levied on products and services.
• Minimum Wage in Saudi Arabia and Other Countries In this respect, the fair wage expands the concepts of the living wage and minimum wage to include the conditions of work.
• Raising Minimum Wage in the US The current economic recession that continues to impact the U.S.economy The main problem with the proposal of President Obama lies in what the article states as the possibility of companies leaving the U.S.due to the […]
• The effects of the introduction of the National Minimum Wage on employment This paper evaluates the theoretical assumptions regarding the effects of the introduction of the National Minimum Wage within the British home care sector.
• Minimum Wage: Pros and Cons, Effects of Increase Labor union laws and minimum wage laws have contributed a lot to the current trend of structural unemployment in the United States of America.
• Minimum Wage Effectiveness However, the minimum wage can be a good stimulus for young people to continue their study instead of joining the “labor market”, and this is very good for the development of society since it leads […]
• Minimum Wage Issue: Political Regulation Governments usually impose minimum wage to reduce poverty; indeed, increase in the minimum wage is also said to increase motivation of the workers and hence lead to more productivity. Increase in the minimum wage does […]
• The Minimum Wage in the US: Situation Overview Other people argue that increasing the minimum wage would lead to increase in commodity prices by the employers to cover for the increased costs thereby beating the reason for the increase.
• The Pros of Raising the Canadian Minimum Wage In turn, the increase in the prices of goods and services will result to the decrease in the company’s profits. The rise in the minimum wage will cause the retrenched employees to join the ranks […]
• The Positive Effects of Minimum Wage on the Economy
• The Political Economy of the National Minimum Wage Institution
• Why the Minimum Wage Matters in the U.S. Industry Economy
• Why The Age Requirement Can Start Working For Minimum Wage Jobs
• When Is A Good Time To Raise The Minimum Wage
• Union Power, Minimum Wage Legislation, Endogenous Labor Supplies and Production
• Work-Related Training and the New National Minimum Wage in Britain
• Welfare Effects of Minimum Wage and Other Government Policies
• What Is Minimum Wage Is Not Ideal And Struggles
• Why the Minimum Wage Orthodoxy Reigns Supreme
• Wage Distribution And Earnings Inequality Impacts Of The Minimum Wage
• The Positive And Negative Effects Of Raising Minimum Wage
• The Social Issue of the Minimum Wage and the Need to Raise the Current Minimum Wage in America
• Using the EITC to Help Poor Families: New Evidence and a Comparison with the Minimum Wage
• United Kingdom: Developing a Progressive Minimum Wage in a Liberal Market Economy
• Unemployment Benefit, Minimum Wage And Average Salary Earnings In Romania
• Why The Minimum Wage Shouldn’t Be Raised
• The Short-Run Effects of the Minimum Wage on Employment and Labor Market Participation: Evidence from an Individual-Level Panel
• The National Minimum Wage and Hours of Work: Implications for Low Paid Women
• The Negative Impact of Raising the Minimum Wage
• The Positive Impacts of Raising the Minimum Wage on the Economy, the Health of the Citizens, and Their Quality of Life
• The Optimum Minimum Wage When Labor Services are Taxed
• Wage Inequality And Raise The Minimum Wage
• Thinking about Minimum Wage Increases in Alberta: Theoretically, Empirically, and Regionally
• Welfare Benefits, Minimum Wage Rate and the Duration of Welfare Spells: Evidence from a Natural Experiment in Canada
• The Productivity‐Enhancing Impacts of the Minimum Wage: Lessons from Denmark and New Zealand
• Why Has the British National Minimum Wage Had Little or No Impact on Employment
• Why Minimum Wage Jobs Pay Their Employees Unfairly
• Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data
• The Rate Of Substitution Between Low Pay Workers and The National Minimum Wage
• The Pros and Cons of Raising the Minimum Wage of Workers
• The Struggle to Fight the Minimum Wage in America in Nickel and Dimed, a Book by Barbara Ehrenreich
• Wage Dispersion and the Minimum Wage Spike in a Search Economy With Wage-Posting
• The Role of Risk Preference in Immigration and Minimum Wage Policies
• Which Age Should Be The Minimum Wage For Drinking
• The Truth Behind the Minimum Wage in America in Nickel and Dimed, a Novel by Barbara Ehrenreich
• Using Local Labor Market Data to Re-Examine the Employment Effects of the Minimum Wage
• The Wage and Employment Dynamics of Minimum Wage Workers
• What Should Be Done About The Minimum Wage
• Understanding Wage Theft: Evasion and Avoidance Responses to Minimum Wage Increases
• The Negative Effects of Raising the Minimum Wage
• The Potential Impact of the Minimum Wage in Rural Areas
• Working Conditions At Minimum Wage Jobs
• The Unexpected Long-Run Impact of the Minimum Wage: An Educational Cascade
• Did the German Minimum Wage Reform Influence Employment Growth in 2015?
• Are Wage and Employment Effects Robust to Alternative Minimum Wage Variables?
• Does the Minimum Wage Bite Into Fast-Food Prices?
• Does the Minimum Wage Cause Inefficient Rationing?
• Are There Long-Run Effects of the Minimum Wage?
• Does Raising the Minimum Wage Help the Poor?
• How Much Would Increasing the Minimum Wage Affect Food Prices?
• Does the German Minimum Wage Help Low Income Households?
• How Raising Minimum Wage Will Hurt the Economy?
• What Are Three Effects of Raising the Federal Minimum Wage?
• Did the National Minimum Wage Affect UK Prices?
• Why Does the Minimum Wage Exist?
• Does the Minimum Wage Affect Employment?
• Should the Minimum Wage Be Abolished?
• How Does the Minimum Wage Affect Employment via On-The-Job Search Intensity?
• Does Increasing Minimum Wage Decrease Poverty?
• How Has Minimum Wage Influenced the United States?
• Can the Minimum Wage Force the Hand of Small Businesses?
• How Does the Minimum Wage Affect Firm Investments in Fixed and Human Capital?
• Can the Minimum Wage Reduce Poverty?
• Does Minimum Wage Affect Workplace Safety?
• Has the National Minimum Wage Reduced UK Wage Inequality?
• Did the Minimum Wage Affect the Incidence of Second Job Holding in Britain?
• Did Minimum Wage Increases Reduce Employment?
• How Is the Minimum Wage Debate Viewed Through a Marxist?
• How Does the Minimum Wage Affect the Employment Statuses of Youths?
• Does the Minimum Wage Affect Welfare Caseloads?
• Should Raising Minimum Wage Have Stronger Job Growth?
• How Many Americans Are Working for Minimum Wage and Living in Poverty?
• Does Increasing the Minimum Wage Reduce Poverty in Developing Countries?
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Reasons Why Minimum Wage Should Be Raised Essay: Benefits for Workers, Society, and The Economy

The minimum wage controversy has been among the most discussed and argued issues for many years. Those in favor of raising the minimum wage argue that the increased income would enable low-wage workers to better their lives, reduce poverty and income disparity, as well as bring an economic boost. On the contrary, many opponents of raising the minimum wage contend that it will cause job losses and lead to higher prices.

This essay, written by a custom essay company , can help you understand the topic. By examining the evidence and arguments from both sides of the debate, we can gain a better understanding of the potential impact of raising the minimum wage and make informed decisions about public policy in this area.

My Thoughts on Should Minimum Wage Be Raised Essay

The minimum wage has long been a contentious issue in the United States, with opinions divided on whether it should be increased or left at its current level. Those in favor of increasing the minimum wage argue that it would help to alleviate poverty, reduce income inequality, and stimulate economic growth. However, opponents of a minimum wage hike suggest that it could lead to job losses, inflation, and reduced economic competitiveness.

Nevertheless, by considering the potential benefits and drawbacks of increasing the minimum wage, I would like to to provide a comprehensive analysis of this complex issue and help readers come to an informed opinion.

Reduction of Poverty and Inequality

One of the most compelling reasons for raising minimum wage is the reduction of poverty and inequality. According to the Economic Policy Institute, raising the minimum wage to $15 per hour could lift 1.3 million workers out of poverty and reduce income inequality. This is because low-wage workers, who are often from marginalized communities, rely on minimum wage jobs to support themselves and their families. By increasing the minimum wage, their income would increase, allowing them to meet their basic needs, such as food, housing, and healthcare.

Boost in Consumer Purchasing Power

Increasing the minimum wage would also lead to a boost in consumer purchasing power. When low-wage workers earn more, they are more likely to spend more, which would stimulate the economy. For instance, a report by the National Employment Law Project estimated that raising the minimum wage to $15 per hour would generate an additional $118 billion in economic activity over a five-year period.

Improved Health Outcomes

Low-wage workers often cannot afford basic healthcare services, which can lead to serious health consequences. By raising the minimum wage, workers would have access to better healthcare services, which would lead to improved health outcomes. This is because when low-wage workers have better health, they are more productive, which benefits both the employer and the employee.

Reduced Reliance on Social Services

Low-wage workers often rely on social services such as food stamps, housing subsidies, and Medicaid to make ends meet. By raising the minimum wage, workers would be able to earn enough to support themselves and their families without having to rely on social services. This would reduce the burden on taxpayers and enable the government to allocate resources to other areas of need.

Encourages Workforce Productivity and Loyalty

By paying workers a fair wage, they are more likely to be productive and loyal to their employer. This is because they feel valued and appreciated, which leads to higher job satisfaction and engagement. Additionally, when workers are paid a fair wage, they are less likely to leave their jobs, which can reduce the costs associated with hiring and training new employees.

While there are differing opinions on the impact of raising the minimum wage, there is evidence to support the many benefits that come with increasing it. Raising the minimum wage can help to reduce poverty and income inequality, boost consumer purchasing power, improve health outcomes, and reduce reliance on social services.

Furthermore, paying workers a fair wage can lead to increased productivity, loyalty, and job satisfaction. While there may be some initial costs associated with raising the minimum wage, the long-term benefits can outweigh them. As society moves forward, it is important to consider the potential impact of increasing the minimum wage and work towards a more equitable and just society where all workers are paid a fair wage for their labor.

Through thoughtful policy-making and continued advocacy, we can ensure that the benefits of raising the minimum wage are realized for workers, society, and the economy as a whole.

Tips on Writing Why Should Minimum Wage Be Raised Essay

The issue of minimum wage has become a hotly debated topic in recent years, with advocates calling for an increase in the minimum wage to address issues of poverty and inequality. If you are passionate about this topic and want to share your views, writing an essay on why minimum wage should be raised can be a great way to do so. However, to make your essay stand out, it’s important to approach it with a clear and well-structured argument. Here are some tips on how to write an excellent essay on why minimum wage should be raised, so you can effectively convey your ideas and contribute to the ongoing discussion around this important issue.

Research the Topic

Before you start writing a raising minimum wage essay, it is important to research the topic and gather as much information as possible. This will help you to understand the various arguments and counter-arguments related to the minimum wage. Use reputable sources, such as academic journals, government reports, and news articles, to gather information.

Develop a Strong Thesis Statement

A thesis statement is the backbone of your essays on raising minimum wage and sets the tone for the rest of your writing. Make sure your thesis statement is clear, concise, and reflects your stance on the topic. A strong thesis statement might read: “Raising the minimum wage is necessary to reduce poverty and inequality, boost the economy, and provide workers with a fair living wage.”

Support Your Argument with Evidence

To write an opinion article , you need to support your claims with evidence. Use statistics, data, and examples to illustrate your points and provide evidence for your claims. For example, you might use data to show that raising the minimum wage has led to increased consumer spending in other countries, or you might cite research that shows how low wages can lead to poor health outcomes.

Address Counter-Arguments

When writing about a contentious topic like the minimum wage, it is important to address counter-arguments. Acknowledge the other side’s point of view and provide evidence to counter their claims. This will help you to build a more persuasive argument and show that you have considered all sides of the issue.

Use Clear and Concise Language

Your essay should be easy to read and understand. Use clear and concise language to communicate your ideas effectively. Avoid using jargon or technical language that might confuse your reader. Make sure to proofread your work carefully to catch any spelling or grammar errors that could detract from your argument.

By following these tips, you can develop a compelling argument that supports your position and addresses counter-arguments.

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Home — Essay Samples — Economics — Minimum Wage — Argumentative Essay On Minimum Wage

Argumentative Essay on Minimum Wage

• Categories: Income Inequality Minimum Wage

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Published: Mar 5, 2024

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Minimum Wage Argument Essay

• December 25, 2022

Should the Federal Minimum Wage Be Raised?

Introduction

The federal minimum wage today is $7.25, and it has not changed since 2009. Moreover, it is fair to say that it has not been keeping up with inflation and productivity since 1968. This statement may be daring, but it is not a false assumption considering the minimum wage back then was $1.60 per hour, equivalent to $11.76 in 2019 (Boschen, Grossman 12). Like every other topic involving the humankind, the issue of the minimum wage is considerably controversial. However, the fact that the federal minimum wage is not enough for a citizen to get by is undeniable.

Body Paragraphs

The minimum wage differs from state to state due to the inaction of the authorities’ activities on the issue. As mentioned above, the fact that the federal minimum wage remains unchanged since 2009 can be shown as an example of this passiveness. With that being said, almost half of the US population is paid by the federal wage, which is way below the poverty line when we look at the annual earning of an employee (Formby, John, et al., 2). So in a word, an employee who earns federal minimum wage does not earn enough for his/her essential needs unless there are other supporting circumstances.

Let us think about a 16-year-old teenager who lives with his parents. He is currently working part-time and will probably go to college or later just move on to a better-paying job. Earning the federal minimum wage is well enough for him to provide himself with basic necessities such as entertainment. Now let us imagine that this person is not living with his parents. In this case, it is not likely that he is able to spend his money freely or even if he is able to provide himself with his necessities, as in the first scenario, they are not going to be the products or services of the best quality. One way or the other, he will have to give up on something very simple he really wants in the end, for not being able to afford it.

There are many people who have two jobs, completing the shift at noon and working until late hours in another job. This alone is already a time and energy-consuming situation, but unfortunately for some people, this is an opportunity not everybody gets due to the work schedules. Especially for students, having two jobs is not even a matter of discussion when freelance jobs are excluded. This problem is a huge obstacle for employees who are not offered to work full-time even if they want to. So in most cases, unless provided a second income channel, getting by with only federal minimum wage is a difficult task.

Now that we have mentioned why the federal minimum wage is considered inadequate subtly underlining the importance of an increase in it, it is critical to be able to see the two sides of the coin. There may also be negative outcomes of increasing the minimum wage. The most prominent one among them is that if there was an increase in the federal minimum wage, it would result in a reduction in jobs (Neumark, David 36). In other words, if employers had to pay more to employees, they would hire fewer people to avoid the extra cost, which gives rise to an increase in unemployment. However, considering low incomes prevent people from spending more, increasing the federal minimum wages will result in lifting approximately 4.5 people out of poverty (Cooper) and subsequently boosting the overall economy. Not to mention that increased wages will also lead to an increasing demand for more jobs. Sadly this is a fact largely glossed over by the people and a risk the employers avoid taking.

A higher federal minimum wage is not only advantageous for employees but also for employers. To start with, instead of looking for better-paying jobs, employees will work in their workplaces longer because they will be satisfied with their working conditions. What is the employer’s gain from this? They will not have to hire new people and train each of them every time. They will already have experienced employees working with them.

We have mentioned that raising the minimum wage will help people to keep up with inflation and boost consumer spending directly contributing to the economy. With that in mind, since people will be earning more, they will be less reliant on the governmental safety nets. Moreover, with lower unemployment, there will be an increase in tax revenues. So the increase is not only beneficial for the employees but also for employers and workers.

Apart from all of these statements, there are other opinions on the federal minimum wage. For instance, some people think it should not exist at all, and instead, the free market should govern all the wages believing they will naturally rise because the companies will be competing with each other. Furthermore, there are already some companies that support higher federal wages. For instance, companies such as Costco Wholesale and IKEA pay more than the federal minimum wage to their employees. However, this is also somewhat controversial.

On the one hand, it allows companies to pay more encouraging their employees to work more eagerly and productively. However, on the other hand, it may result in employers taking advantage of people who are ready to work for anything to support them. It may also result in employers who ask for cheap workers from outside the country. So, in the end, the federal minimum wage may be a dream amount for many workers. So the question of having a federal minimum wage is better or not, is a whole another discussion topic.

Minimum Wage Argument Essay: Conclusion

In conclusion, there are both pros and cons of increasing the federal minimum wage. However, we cannot ignore the fact that the benefits of an increase would well outweigh the wrong sides of it. It is not only better for the workers but also for the employers and the government. And it is fair to conclude that it is a big step towards enhancing the wealth and wellbeing of society.

Boschen, John, and Herschel Grossman. “The Federal Minimum Wage, Inflation, and Employment.” 1981, doi:10.3386/w0652.

Cooper, David. “Raising the Minimum Wage to $12 by 2020 Would Lift Wages for 35 Million American Workers.” Economic Policy Institute, www.epi.org/publication/raising-the-minimum-wage-to-12-by-2020-would-lift-wages-for-35-million-american-workers/.

Formby, John P., et al. “Minimum Wages, Poverty And Welfare.” Research on Economic Inequality Studies on Economic Well-Being: Essays in the Honor of John P. Formby, pp. 1–35., doi:10.1016/s1049-2585(04)12001-2.

Neumark, David, and William L. Wascher. “The Effects of Minimum Wages on Employment.” Minimum Wages, 2008, pp. 36–106.

Pollin, Robert. “ECONOMIC PROSPECTS: Making the Federal Minimum Wage a Living Wage.” New Labor Forum, vol. 16, no. 2, 2007, pp. 103–107., doi:10.1080/10957960701279306.

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