Question

Minimum Wage Controversy 2) Give me at least 2 Pro & 2 Cons for minimum wage? Describe one example where it has or has not worked and why? (at least 2 sentences)

Answer 1

Supporters of a greater minimum wage say that the present federal minimum wage of $7.25 / hour is too low for an individual to live on; that a greater minimum wage will aid create employment & grow the economy; that the falling worth of the minimum wage is one of the main causes of wage disparity between low- & middle-income employees.

Opponents state that several businesses can’t afford to pay their employees more, & will be compelled to close, lay off employees, or reduce recruiting; that augmentations have been shown to make it more tough for low-skilled laborers with less or no work experience to seek jobs or to become upwardly mobile; & that increasing the minimum wage rate at the federal level doesn’t take into consideration regional cost-of-living variations where increasing the minimum wage rate could hurt low-income groups   particularly.