Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is minimum wage legislation necessary?

0
Posted

Is minimum wage legislation necessary?

0

On One Hand: It is Not NecessaryMinimum wage legislation is one reason fewer jobs are available. If a business cannot afford the extra expense mandated by a minimum wage, jobs are likely to be eliminated or outsourced to foreign workers, according to the Balanced Politics website. If a business is located in a state with high minimum wage laws, that business may decide to locate to a more favorable state. When there are fewer jobs available, it is particularly hard for unskilled workers to get a job.On the Other: Some People Want Minimum WageSome people believe that if minimum wage laws are on the books, then employers will not exploit them. People may feel better about their jobs if there is a minimum wage. Minimum wage may allow the employee to feel more trust for his employer. Minimum wage laws also help protect adults who may lose their jobs to teenagers who will likely work for less, according to Balanced Politics.Bottom LineRaising the price of labor causes companies to hire fewe

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123