Poverty Level. Demandside economists theorize that raising the minimum wage will lift unskilled and inexperienced workers out of poverty. Those against raising the minimum wage often argue that it will hurt young people the most and that they need the experience of working at the minimum wage. Jul 06, 2014There has been a great deal of controversy over the minimum wage in the United States. Some argue that raising it is vital to our recovery, while others. Mar 02, 2013Instead, most arguments for instituting or raising a minimum wage are based on fairness and redistribution. Even if workers are getting a competitive wage. Dec 31, 2012The minimum wage is a major antijobs policy. Ten states have announced an increase in their minimum wage effective January 1, mostly because their. It benefits workers and benefits the economy. 8 million workers were paid at or below the federal minimum wage of 7. Since minimum wage, in many cases. Increasing the minimum wage would have two principal effects on lowwage workers. Most of them would receive higher pay that would increase their familys income. Mar 10, 2014Remember, folks, last week's column focused on those who favor raising the federal minimum wage. This column looks at those opposed. The minimum wage has gained momentum among policymakers as a way to alleviate rising wage and income inequality. Much of the debate over this policy centers on. In recent months, a number of states have again taken the lead on measures to raise the minimum wage. Massachusetts is moving toward a minimum of 10 per hour. M inimum wage laws set legal minimums for the hourly wages paid to certain groups of workers. In the United States, amendments to the Fair Labor Standards Act have. Employees experience direct benefits from a minimum wage, but there are a number of drawbacks to consider as well. CEPR Why Does the Minimum Wage Have No Discernible Effect on Employment? 1 Executive Summary The employment effect of the minimum wage is one of the most studied. Report Wages, Incomes, and Wealth. Raising the Federal Minimum Wage to 10. 10 Would Lift Wages for Millions and Provide a Modest Economic Boost Projects The Perkins Project on Worker Rights and Wages. Tracking the wage and employment policies coming out of the White House, Congress, and the courts. A: There are conflicting views on whether raising the minimum wage increases inflation. Tied to this is the question of what effect a higher minimum wage has on. Oct 09, 2014Raising the minimum wage is common sense: Column. It is time for Congress to move ahead with this issue, one broadly supported by Americans. Nov 14, 2015Last weeks Fox Business Network Republican presidential debate started off with a challenging question about the federally mandated minimum wage. Mar 03, Reasons Why Raising the Minimum Wage Is a Terrible Idea Its time for economic facts, not fallacies. Ira Stoll March 3, 2014 A higher minimum wage will lead to a significant boost in incomes for the worst off in the bottom 30th percent of income, while having no impact on the median household.