How does the minimum-wage law affect the unemployment rate, costs of housing and cost of living? What is the minimum wage in California? What is the Federal rate?
California's minimum wage is eight dollars an hour. The federal rate is seven dollars and twenty five cents. the minimum wage law effects the unemployment rate because if someone had lost a previous job, they could search for a minimum wage job so they could at least have some sort of income instead of nothing.
The minimum wage law ensures that workers do not get taken advantage of and that the employer gets the service he expects. The minimum wage for california is eight dollars an hour and the federal minimum wage is seven dollars and twenty five cents an hour. Also minimum wage sets the pace for what companies can charge for their services.
The minimum wage in California is eight dollars an hour and the Federal minimum wage is seven dollars and twenty-five cents an hour. The minimum wage seems to increase when there is an increase in the cost of living and housing. Yet, it does not seem to increase as much or at the same pace as the cost of living. The supporters of the minimum wage law feel it helps improve wages and the quality of living. On the other hand the minimum wage law can effect the unemployment rate by causing employers to reduce their work force due to higher minimum wages,causing the unemployment rate to increase.
In the state of California, the minimum wage rate is $8.00 an hour. This law affects the unemplyment rate because many people need stable, well paying jobs, but the only ones available are minimum wage jobs.
Because of the minimum wage law, paying housing and rent is much harder. Thus, the U.S. government must pay more for housing because much more people need it.
California's minimum wage is eight dollars an hour. The federal rate is seven dollars and twenty five cents. the minimum wage law effects the unemployment rate because if someone had lost a previous job, they could search for a minimum wage job so they could at least have some sort of income instead of nothing.
ReplyDeleteThe minimum wage law ensures that workers do not get taken advantage of and that the employer gets the service he expects. The minimum wage for california is eight dollars an hour and the federal minimum wage is seven dollars and twenty five cents an hour. Also minimum wage sets the pace for what companies can charge for their services.
ReplyDeleteThe minimum wage in California is eight dollars an hour and the Federal minimum wage is seven dollars and twenty-five cents an hour. The minimum wage seems to increase when there is an increase in the cost of living and housing. Yet, it does not seem to increase as much or at the same pace as the cost of living. The supporters of the minimum wage law feel it helps improve wages and the quality of living. On the other hand the minimum wage law can effect the unemployment rate by causing employers to reduce their work force due to higher minimum wages,causing the unemployment rate to increase.
ReplyDeleteIn the state of California, the minimum wage rate is $8.00 an hour. This law affects the unemplyment rate because many people need stable, well paying jobs, but the only ones available are minimum wage jobs.
ReplyDeleteBecause of the minimum wage law, paying housing and rent is much harder. Thus, the U.S. government must pay more for housing because much more people need it.