Minimum Wage

Minimum Wage

Introduction

This paper will be the response of inquiries asserted overhead and critically investigate the pros and cons of the minimum wage structure in the United States. This paper will permit the book reader to set up a clear and accurate image of the “pro minimum wage stance”, by supplying details and attitudes in relative to the financial and communal advantages of sustaining and lifting minimum wage.

Historical Overview of Minimum Wage

The minimum wage was first enacted in 1938 as part of the Fair Labor Standards Act (FLSA). The 1938 FLSA was usually applicable to workers committed in interstate business or in the output of items for interstate business (Shapiro 2000 651-699). The primary minimum wage in October 1938 was 25 cents per hour. Over the next 12 years it tripled to 75 cents per hour by January 1950.

In 1961 Amendments to the FLSA expanded treatment to workers in large retail and service enterprises as well as to localized building, transit services, and petrol service position employees. The 1966 Amendments of the FLSA expanded treatment to State and localized government workers of clinics, nursing dwellings, and schools, and to laundries, drycleaners, and large inns, motels, bistros, and farms.

The Pro Minimum Wage Argument

The minimum wage should stay established and is long overdue for a boost which would lift the wages of millions of employees in the United States. The annual minimum wage profits for a family of three falls far underneath the scarcity grade in the United States. This should be addressed and amended at both the government and state levels. The profits of minimum wage employees are vital to their families' well-being. Evidence from an investigation of the 1996-97 minimum wage boost displays that the mean minimum wage employee brings dwelling more than half of his or her ...