Increasing Minimum Wage Essay

The Minimum Wage Must be Raised

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"Raising the minimum wage will benefit about 28 million workers across the country. And it will help businesses, too - raising the wage will put more money in people's pockets, which they will pump back into the economy by spending it on goods and services in their communities." -- President Obama

The minimum wage must be raised because the cost of living has gone up considerably. Education is essential if one wishes to work, and the cost of education has increased drastically in the past twenty years. Companies should be requied to pay workers what they deserve, and that is more than minimum wage is now. With our new technology and the technology in the future work is harder and more complicated. A minimum wage increase would raise the wages of many workers and increase benefits to those disadvantaged workers.
Because the cost of living has sky rocketed, it has become almost impossible to raise a family on a minimum wage job. A person living on his or her own cannot survive on minimum wage job either. Their living expense would just be too much. The earnings of minimum wage workers are crucial to their families well being. Evidence from 2013 and 2014 minimum wage increase shows that an average minimum wage worker brings home more than half of his or her family's weekly earnings. In 2013 one million single mothers with children under 18 would have benefited from a minimum wage increase to $10.

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15. Single mothers are 10% of workers affected by an increase but they make up only 5.7 of the overall work force. More than two million married men and women with children under age 18 would also benefit from an increase. Adults make up the largest share of workers who would benefit from a minimum wage increase. Adults age 20 and over will make up approximately sixty-eight percent of the workforce affected by a minimum wage increase to $10.15 by 2015. Close to half of the workers who would benefit from a minimum wage increase work full time and another third work between twenty and thirty four hours a week. The minimum wage needs to be increased for families to survive in our society today.
The cost of education is a lot more today. Not only has the price of college gone up but also the price of many private and catholic schools. A college education is essential
In today's world. Children cannot better themselves if their parents cannot pay for their education. Thus leading to inadequate education of children as well as adults in college. Some children have to rely on themselves to pay for college. They don't get to go, because they cant afford it on their minimum wage job. This is just not fair to our young kids who are the key to our future. If the minimum wage was increased, many people would be allowed the opportunity for a better education for themselves and their children. In the future you are going need a college degree to do almost anything. As technology gets better and more advanced the people are going to have to understand and learn more. Some businesses need educated people so bad that they are willing to pay for their worker to go to college. As the demand for and educated worker gets higher so does the price of education. In order for the average person to go to college they need more than a minimum wage job to get there.
Minimum wage would raise the wages of many workers and increase benefits what disadvantaged workers. An estimated 6.9 million workers would receive an increase in their hourly wage if the minimum rage were raised to $10.15 by 2015. Due to the spill over effect the 10.5 million workers earning up to a dollar above minimum wage would also be likely to benefit from an increase. Women are the largest group of beneficiaries from a minimum wage increase. Sixty percent of workers who would benefit from an increase are women. In 2013, an estimated 12% of workingwomen would have benefited from a one-dollar increase in minimum wage. A disproportionate share of minorities would benefit from a minimum wage increase. African Americans represent 12% of the total work force, but are 18% of workers affected by an increase. Similarly, 11% of the total work force is Hispanic, but Hispanics are 14% of workers affected by an increase. In 12013, half of the benefits of a minimum wage increase would have gone to workers in households with an annual income of less than $35,000. In fact, 18% of the benefits would go to households with an annual income less than $20,000. Benefits of an increase disproportionately help those working households at the bottom of the scale. Although households in the bottom 20% receive only 5% of national income. Benefits of the previous minimum wage increase went to these workers. A majority of the benefits went to families with working, prime adults, the bottom 40% of the income distribution. Relatively large shares of the work force in some southern and western states would benefit from an increase.
The minimum wage needs to be increased for people to survive today. Everything costs more from education, food, and medicine. As welfare reform forces more poor families to rely on their earnings from low paying jobs, I believe an increased minimum wage increase is likely to have a profound affect on reducing poverty. An increase would also encourage people to go get jobs. They would feel that they are getting fair pay for their work. As technology gets better and more complicated people need to know more and work harder. By raising minimum wage you are encouraging a more educated and skilled person to come work for you.



We Need to Raise Minimum Wage Essay

541 Words3 Pages

A bill increasing the current minimum wage is greatly needed, and our government officials should demand a raise due to the increase in the cost of living, as it’s no longer realistic. We need higher paying wages for all, middle and lower class income levels. Without some sort of help and support from our government the economy will only get worse. Students will not be able to afford the cost of school and living. Single family households will not be able to support their selves. Some argue that if an increase in minimum wage is passed businesses will raise the prices of goods and services to help compensate the cost of pay raises. The cost in goods and services is already on an increase due to the high host of gas/oil, yet we are…show more content…

A bill increasing the current minimum wage is greatly needed, and our government officials should demand a raise due to the increase in the cost of living, as it’s no longer realistic. We need higher paying wages for all, middle and lower class income levels. Without some sort of help and support from our government the economy will only get worse. Students will not be able to afford the cost of school and living. Single family households will not be able to support their selves. Some argue that if an increase in minimum wage is passed businesses will raise the prices of goods and services to help compensate the cost of pay raises. The cost in goods and services is already on an increase due to the high host of gas/oil, yet we are still making the same amount of money. People are having to cut spending in other areas so that they can pay bills, and feed their families, which in turn is hurting the economy because people do not have the extra money to buy extra things like, going out to the movies, or going out to eat at Chili’s. People are opting to stay home, watch cable and cook from home. If minimum wage is increased the economy will improve, people will have more money to spend, and the morale among low income workers will improve. More people will seek jobs, which will help the unemployment percent decrease. People also argue that the minimum wage jobs are for teenagers, so that they can earn money to help cover the cost of school, and If minimum wage is

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