This 10-page paper (one page is an outline) is an argumentative essay determining if increasing minimum wages will hinder job growth. The paper contends that yes, this would be the case. Bibliography lists 10 sources.
Name of Research Paper File: D0_MTminwag.rtf
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Job Creation Minimum wage more fairly allocates resources Minimum wage leads to increased unemployment Minimum Wage Has No Impact On Jobs The restaurant and retail industries are
immune to minimum wage increases - it does not impact employment in these industries Employment statistics used to equate lower jobs and higher minimum wages are sometimes incorrect.
Minimum Wage Prevents Job Creation Minimum wage means employees cannot afford to hire more people Increased minimum wage has an impact in the youth market Increased minimum wage means
fewer lower-skilled labor can find jobs Purchasing power of the minimum wage has not kept up with cost of living Conclusion There is a direct link between
increase in minimum wage and the hindering of new job creation Introduction Although it was not meant to do so when
it was first introduced more than 70 years ago, mandated federal minimum wage increases in the United States have generated a great deal controversy. The basic premise behind the
minimum wage was to provide those who worked lower-skilled jobs, and who may not have had collective bargaining behind them, with a living wage. , but some economists have pointed
out that providing a living wage comes at a cost -- namely, an increase in joblessness. The question facing us these days
is whether increasing the minimum wage would hinder the creation of new jobs. The answer is somewhat muddled -- especially as it needs to be considered that most beneficiaries
of minimum wage are teenagers, who generally are not self-supporting. The answer is also somewhat confusing and that the jobs likely to be created without minimum wage would probably
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