Minimum Wage and explore it. Write down at least two interesting pieces of information that you discovered on the website. Don't copy your classmates. Each post must contain two pieces of information that have not been discussed.
Sunday, March 22, 2015
Minimum Wage
As this weeks chapter deals with minimum wage the blog will as well. Go to the following website,
Minimum Wage and explore it. Write down at least two interesting pieces of information that you discovered on the website. Don't copy your classmates. Each post must contain two pieces of information that have not been discussed.
Minimum Wage and explore it. Write down at least two interesting pieces of information that you discovered on the website. Don't copy your classmates. Each post must contain two pieces of information that have not been discussed.
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It is a myth that higher minimum wage causes the economy to improve, in fact a higher minimum wage causes reduced output in industries with a high concentration of low skilled workers.
ReplyDeleteThe minimum wage increase to $10.10 has cost a loss of 3,847 male jobs and 5,621 female jobs.
Zoheb Hirani
ReplyDeletePeriod 4
Proponents argue that a minimum wage increase will, on net, be a benefit for Iowa employees. However, in a study last year, the nonpartisan Congressional Budget Office (CBO) estimated that a half-million jobs would be lost nationwide should a $10.10 minimum wage take effect. The CBO based its estimates on the results of dozens of peer-reviewed academic studies on the jobs impact of a higher minimum wage, include the latest and most up-to-date research.
A primary focus for proponents of raising the minimum wage is reducing hardship for families in poverty. However, a study of the 28 states that raised their minimum wages between 2003 and 2007 found little associated reduction in poverty.
A study of the 28 states that raised their minimum wages between 2003 and 2007 found little associated reduction in poverty. Creating a credit like Pennsylvania is a better place for the state to start if it’s truly interested in reducing poverty.
ReplyDeleteAadithya Srivatsav
ReplyDeletePeriod 6
I found it interesting that, "According to the Bureau of Labor Statistics, approximately 50,000 people in the state currently earn at or below the federal minimum wage of $7.25".
Also, I found it remarkable that, " Hourly wage is the reported hourly wage for hourly workers, but it’s measured as weekly earnings divided by weekly hours for non-hourly and workers who report receiving tips, overtime, or commissions."
This comment has been removed by the author.
ReplyDeleteKoby Bay-2nd Period
ReplyDelete1. The average teen employment rate has gone from 16.2% in 2013 to 21.2% in 2014 for Louisiana
2. Washington has the highest minimum wage at $9.47
Reuben Bijy
ReplyDelete2nd Period
San Francisco has the highest minimum wage in the country at $10.55/hr
Research has found that people who start at minimum wage often move to a higher wage after a year
Frankie Smith
ReplyDelete6th Period
1. Beneficiaries of a $9.80 minimum wage tend to be young—41.5 percent of those directly affected are age 25 or under.
2. Each one-dollar increase in a city’s compensation floor—via wage or benefit mandates—increases unemployment among this group by nearly 4.5 percentage points (with all else being equal).
Patrick Pecson
ReplyDelete6th Period
1. Employees who start out at the minimum wage aren't stuck there?!?!? In fact, employees who start out on a minimum wage move up their wages their first year of employment.
2. While the few employees who earn a wage increase earn a wage increase, those who lose their jobs are considerably worse off.
Anthony Colesante
ReplyDeletePeriod 6
1.Minimum wage increases do not help reduce poverty.
2.It is estimated by raising the minimum wage to 10 dollars and hour would actually lose Following the roughly 30,000 jobs would be lost in the state of Pennsylvania . The policy would disproportionately impact women, who represent roughly 65 percent of the jobs lost.
Jacob Toy
ReplyDeletePeriod 4
1. The labor union-backed National Employment Law Projecteven maintains a “Cry Wolf” project to argue that stories about job loss are no more than business talking points. However, some businesses are blaming high minimum wages for closing down their business.
2. The law of unintended consequences exists sometimes since a rise in the minimum wage may cause their employer to go bankrupt, thus resulting in the loss of the employees' jobs.
Madeline Alcock 6
ReplyDelete1. Texas's unemployment rate for teens has gone down about 6% in two years.
2. About 40% of individuals receiving minimum wage are teens living with parents.
1) The 40% minimum wage increase that took place during 2007 and 2009 declined total employment by 14% over a period that included the Great Recession.
ReplyDelete2) The 40% minimum wage increase during 2007 and 2009 also decreased the average monthly income of targeted employees by $100 in relative terms after the 3-step wage hike was phased in.
Amy Krauhs
Period 4
Amie Jean- Per. 2
ReplyDelete1. According to the Bureau of Labor Statistics in Pennsylvania about 189,000 people in the state earn at or below the federal minimum wage of $7.25.
2. the average unemployment rate for teenagers in texas in 2013 was 21.5%
Period 6
ReplyDelete1.) According to the Bureau of Labor Statistics, approximately 189,000 people in the state currently earn at or below the federal minimum wage of $7.25.
2.) in Pennsylvania fewer than 10 percent of affected employee are single parents; in total, roughly 15 percent are single earners with families.
Michelle Pacheco
ReplyDeletePeriod 6
1) In 8 out of 10 of the families with children present, the minimum wage accounts for less than 20 percent of the household’s total income
2) Congress is considering a series of proposals to raise the $7.25 federal minimum wage
Emigdio Escobedo
ReplyDeletePeriod 2
1. Minimum wage is especially concerning to employees who tend to be young, less-educated, and less-experienced—the exact people who need the opportunities that a wage hike would eliminate.
2. In today’s dollars, that’s the equivalent of roughly $7.85. That means the current federal minimum wage of $7.25 is worth approximately seven percent less than the 1983 minimum wage.
Samantha Chan
ReplyDeletePeriod 2
1. The average family income of a beneficiary due to the last federal minimum wage increase was over $47,000 a year according to the Census Bureau.
2. Florida has a higher teen unemployment rate at 17.9% in comparison to Texas with a teen unemployment rate of 15.5%.
Jenny Simon
ReplyDelete2nd Period
1). Award winning research looked at states that raised their minimum wage between 2003 and 2007 and found no evidence to suggest these higher minimum wages reduced poverty rates.
2).It is estimate that approximately 746,000 employees in Pennsylvania would be impacted by the proposed minimum wage change to $10.10. Following the CBO methodology, they estimate that roughly 30,000 jobs would be lost in the state. The policy would disproportionately impact women, who represent roughly 65 percent of the jobs lost.
Crystal Lam
ReplyDelete4th period
- tipped employees are far less likely to be single earners with families than are non-tipped employees.
-Fact:only about 16 percent of those who benefitted from the last federal minimum wage increase were single earners supporting children
Gabrielle Chaney
ReplyDelete4th Period
1) The "Just Getting By" saying is not entirely true with parents who have children with minimum wages because over 50 % of spouses who earn 10,000 or less have a spouse that earns between 30,000- 40,000 a year. This means that having a spouse can make a difference when you have children and the wages in the family are minimum.
2) Another observation is that even though minimum wage does not pay enough weekly, the Earned Income Tax Credit at the end of the year compensates for the low wages.
Ronald Propper
ReplyDelete2nd period
1)Employees who start at the minimum wage aren’t stuck there. In fact those who start at the minimum wage, move to a higher wage in their first year on the job.
2)According to the Bureau of Labor Statistics, approximately 50,000 people in the state currently earn at or below the federal minimum wage of $7.25.
Amanda Salmon 2nd period
ReplyDelete1) Raising minimum wage to $10.10 and hour will be good for workers, yet there will be about a 9,500 jobs at risk of being lost. A majority of these lost jobs would affect women.
2) Raising the minimum is suppose to help with reducing poverty, but in a recent study there seems to be no connection.
Wesley Andrade
ReplyDeletePeriod 2
1)A primary focus for proponents of raising the minimum wage is reducing hardship for families in poverty.
2)According to the Bureau of Labor Statistics, approximately 189,000 people in the state currently earn at or below the federal minimum wage of $7.25.
Evan Young
ReplyDelete2nd Period
1) The minimum wage in Texas is $7.25
2) Many independent businesses are forced to shut down due to rising minimum wage rates. The high expenses do not allow them to survive; this problem is prevalent across the country.
Jacqueline Gann
ReplyDeletePeriod 2
1) In 94 percent of families with an adult who works a job that pays at or below the minimum, the spouse works as well.
2) Minimum wage in Nebraska is $8.00/ hour
Kennedy Ford
ReplyDeletePeriod 2
1. Twenty-eight states raised their minimum wage between 2003 and 2007, in an attempt to reduce poverty rates. Yet research from economists at Cornell and American University found no associated reduction in poverty.
2.Census data show that only about 16 percent of those who benefitted from the last federal minimum wage increase were single earners supporting children; by contrast, nearly 40 percent were teens or others living at home with a parent or relative.
brikitta hairston
ReplyDeleteperiod 4
1.raising minimum wage to better the economy is only a myth
2.it is a myth that most minimum wage earners are living in poverty
Daniel Aiello
ReplyDelete4th
1.) Research from economists at Miami and Trinity Universities found that over 114,000 fewer teens were employed as a consequence of the last wage hike.
2.) The vast majority of credible economic research, including 85 percent of the best studies since the early 90s, demonstrate that a higher minimum wage actually reduces employment and opportunities for the least-skilled employees.
1) Well over half—nearly 57 percent—of the beneficiaries of a $9.80 minimum wage are either living at home with family, or have a spouse who also works. Less than 10 percent are single parents with children.
ReplyDelete2) A summary of the last two decades of research from economists at the University of California-Irvine and the Federal Reserve Board found that 85 percent of the most credible studies on the minimum wage point to job loss for less-skilled employees.
Period 6
DeleteMackenzie Boudreau
ReplyDelete2nd period
1. The average tipped wage for employees in Texas is on average $2.13 for 2015, compared to $9.00 for the average tipped wage of employees in California in 2015.
2. It is a myth that the adult minimum wage earners with children are surviving on the minimum wage alone.
2nd Period
ReplyDelete1) 94% of families with adult workers working at or below minimum wage have a spouse that works as well, leading to the minimum wage job to account for less than 20% of the family's income.
2) There is no link to raising minimum wage and economic growth.
Jocelyn Dang
ReplyDelete4th period
1) I found it interesting that "each 10 percent increase in the base wage a tipped employee must be paid reduces their hours worked by about five percent, as restaurants either reduce the number of servers per shift or move toward customer self-service (i.e. technology that lets you pay at the table)".
2) Also, I found that the economists find that "between 7,400 and 19,700 restaurant industry jobs would be eliminated as a consequence of" a mandate of 80% tipped wage increase in new york.
Kissa Rizvi
ReplyDelete1. When the minimum wage goes up, these employers are forced to either pass costs on to consumers in the form of higher prices, or cut costs elsewhere–leading to less full-service and more customer self-service.
2. A coalition of labor organizations and Rhode Island politicians will hold a press conference promoting an initiative to raise the state’s minimum wage for tipped employees by at least 211 percent by 2019.
Ingrid Curtom
ReplyDeletePeriod 4
1. According to the Bureau of Labor Statistics, approximately 117,000 people in Tennessee currently earn at or below the federal minimum wage of $7.25. If the minimum wage is raised to $10.10, it is estimated that 468,000 employees in this state would be impacted; 19,500 jobs would be lost.
2. If Walmart’s executives took a 100 percent pay cut and distributed it equally to their part-time employees, hourly wages would only rise by eight cents.
1. Most minimum wage earners are living in poverty.
ReplyDeleteFact: Census Bureau data show that the average family income of a beneficiary from the last federal minimum wage increase was over $47,000 a year. Research shows that many of those earning the minimum wage are young people or secondary earners in non-poor families.
2. Raising the minimum wage is a proven way to stimulate the economy.
Fact: Empirical research has found no link between a higher minimum wage and economic growth. In fact, a higher minimum wage reduces output in certain industries with a higher concentration of less-skilled employees. See the study.
Cailin O'Connell
ReplyDeletePeriod 2
1. For instance, among those with children, nearly half had a spouse who earned more than $40,000 a year; another 16 percent had spouses earning between $30,000 and $40,000 a year. In 8 out of 10 of these families, the minimum wage accounts for less than twenty percent of household income. In other words, the majority of adult minimum wage earners are providing a small supplement to the income of a higher earning spouse.
2. It’s true that economy-wide productivity has been increasing in the past few decades. But in industries more heavily affected by new wage mandates, like the food service industry, it’s a very different story.
Karen George
ReplyDelete4th
The average family income of a beneficiary of a wage hike to $9.80 is $50,662—well above the $15,080 year-round income figure cited by proponents of wage hikes.
Beneficiaries of a $9.80 minimum wage tend to be young—41.5 percent of those directly affected are age 25 or under.
Grace Cha
ReplyDelete2nd Period
1. Washington State's minimum wage is $9.47 while Texas's min wage is $7.13.
2. A careful analysis of Census Bureau data finds that compensation mandates like those in San Francisco have caused a substantial reduction in both weeks and hours worked by young adults, as well as a significant increase in unemployment for this vulnerable group.
Alan Pham
ReplyDelete2nd Period
1. Drs. Even and Macpherson estimate that approximately 207,000 employees in Iowa would be impacted by the proposed minimum wage change to $10.10.
2. They found that the minimum wage increases had “significant, negative effects on the employment and income growth of targeted workers” relative those in less-affected states.
Arjun Daru
ReplyDeletePeriod 2
1. Census Bureau data confirm that approximately 40 percent of the beneficiaries of the most recent federal minimum wage increase in 2009 were teens or others living with a parent or relative
2.Approximately 3 out of every 4 of these adults earn 30 percent or less of their total household income from a job that pays at or below the minimum wage.
Twinkle Joseph
ReplyDeletePeriod 4
1) The current minimum wage in Oregon is $9.25, and the average teen unemployment rate is 28%. \
2) Congress is considering a series of proposals to raise the $7.25 federal minimum wage by 35 percent to $9.80 and index it for inflation.
Jayson Varughese
ReplyDelete4th period
1.Tipped employees tend to have less education than non-tipped employees in the state.
2. About 1,300 to 3,400 full service jobs in the restaurant industry would be lost, as businesses react to higher labor costs by reducing staff levels.
Gerard Barrientos
ReplyDeletePeriod 2
1. The minimum wage in Alaska is $7.75.
2. The current unemployment rate in Tennessee for teens is at 19.4%.
Muizz soomar
ReplyDelete6th period
1.minimum wage is worth 20% less than it was in November 1983
2.Pennsylvania Governor Tom Wolf has advocated for raising the state’s minimum wage from $7.25 to $10.10 an hour.
Michelle Dang
ReplyDelete6th Period
1) Adults who work at minimum wage aren't [usually] the primary income in their households... Only about 6% of them are. The common myth is that there are a lot of people "barely getting by" on minimum wage, and that's not true. A very small percentage of them rely on it.
2) People that rely on a tips (like waiters) would prefer to get tips than see a dramatic increase in the minimum wage. Doing so could possibly jeopardize the tipping system
Luke Chacko
ReplyDeletePeriod 6
not all entry-level jobs are covered by federal minimum wage laws—thus, less-skilled employees who are priced out of a job after the minimum wage rises might find employment in the uncovered job market.
each 10 percent increase in the minimum wage is found to reduce employment of young, less-educated white males by 2.5 percent
This comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeletePeriod 2
ReplyDeleteThere are many instances in which an overwhelming majority of economic research points to job loss at higher minimum wages.
It’s not unusual for a minimum wage increase to have negative side-effects for employees. Decades of empirical research have connected a higher minimum wage and lost jobs. Call it another example of the law of unintended consequences.
1) Not all employees start off with minimum wage. It depends on the person. And also you can move up in position and receive a higher pay.
ReplyDelete2)Some states feel that the minimum wage rate is actually beneficial to the people.
4th Period
ReplyDelete1) This Thursday, a coalition of labor organizations and Rhode Island politicians will hold a press conference promoting an initiative to raise the state’s minimum wage for tipped employees by at least 211 percent by 2019.
2) Pennsylvania Governor Tom Wolf has advocated for raising the state’s minimum wage from $7.25 to $10.10 an hour.
Shawn sabu 6th period
ReplyDelete1.although minimum wage workers are said to have a decent living, most are poor.
2.Texas has one of the lowest minimum wages of the country.
Reuben Kuruvila
ReplyDeletePeriod 4
1. Raising minimum wage does not actually help better the economy.
2. California has an average teen unemployment rate of 25.9% from 2014.
Felix Chang
ReplyDeletePeriod 4
1.The minimum wage is the minimum hourly wage an employer can pay an employee for work.
2. Currently, the federal minimum wage is $7.25 an hour.
Elyssa Buntzel
ReplyDelete4th p
1. 22% of Washington state teens are unemployed
2. Alaska's min wage is $7.75
Elyssa Buntzel
ReplyDelete4th p
1. 22% of Washington state teens are unemployed
2. Alaska's min wage is $7.75
Angela Michelle San Juan
ReplyDelete2nd period
1.Economic research has extensively documented that teen jobs are lost as an unintended consequence of a higher minimum wage.
2. I find it interesting that the total job loss is moderated somewhat by the existence of businesses that aren't covered by the minimum wage.
Humam Daas
ReplyDeletePeriod 2
Omg i'm so late on this one, this is the perfect opportunity to test if Mr. Pye actually reads these. Obviously not and i'm really forcing it here but ill just answer the question and wont go on my usual rants.
1. 11.4% of north dakotas teens are unemployed
2. Wyoming tipped wage is only 2.13
Erin Keir
ReplyDelete6th period
1.) the highest minimum wage in the United States is $10.55 in San Francisco, California
2.) Currently 14.8% of teens in Texas are unemployed