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How Might a National Minimum wage Effect Those Who Have a Lo
Date Submitted: 10/04/2000 16:43:28
Length: 2 pages (566 words)
Views: 95683
How might a national minimum wage effect those who have a low wage? a national minimum wage might effect those who have a low wage (i.e lower then the proposed minimum wage) by firstly having a decrease in employment. This decrease will be due to the workforce that were working below the minimum wage. If they were working below it and now the employee has to pay the workers even more for the same …
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…wages shall go down as there is no incentive for the employees to spend more money on their workforce when they do not need to. On top of this, there is also the problem that these workers face. If they ask for a higher pay, they will be told no. this is because there are pleanty of people who will willingly take the job. In short, the supply goes up and the demand goes down.
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