Essays on Minimum Wage

Minimum pay ?An annex now will elevate income for the poorest workers without the danger of creating more unemployment.?, states the New York Times in phratry 1999. Is this statement about an increase in minimum wage really true? There are two sides to the look at about minimum wage that both hold sensible points. The minimum wage is a major issue in the world of economics and politics. Political figures often prey on the public?s general ignorance of economics and promise to increase the minimum wage. Economists ,on the other hand, view the long term cause and see the damage it can cause.

David Card and Alan Kruegur, two economists at Princeton University conducted a study in April 1992 on New island of Jersey?s 18% minimum wage increase time Pennsylvania?s minimum wage remained the same. They measured the falsify in employment in the state?s truehearted ? food restaurants between February and December that year. Card and Kruegur found that the bet of jobs grew in restaurants wh...If you want to get a full essay, state it on our website: Orderessay

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