# of Words: 660
The UK has the lowest-ever unemployment and the highest-ever minimum wage. Data monitoring back to 2000 show no link between the wage level and unemployment. The minimum wage has risen faster than inflation during that time period. The statistics indicate that the traditional economic idea that rising wage costs reduce the number of accessible jobs might not be accurate. LONDON - It's one of the oldest and debates in economics: Does increasing the minimum wage increase unemployment, by making it......Read More
Placing a minimum wage that is high seems like a natural method to help lift families out of poverty. Minimum salary target individual workers with low wages, rather than families with low incomes. As a result, a large share of the greater income from salary flows to higher-income families. Raising the minimum wage has become a popular proposal to fight rising inequality and poverty in the USA. Since the last federal minimum wage increase in 2009 to $7.25 per hour, 23 states have increased their......Read More
After experiencing considerable wage earnings throughout the shared-growth decades of the new era workers have increasingly confronted labor economies of jobs that pay too much to offer a minimally decent standard of living. What we do know is that a $15 wage could have impacts on the living standards of millions of working households. Every worker should be ensured the minimum wage that will enable them to maintain a becoming normal of lifestyle for himself and his loved ones. The antidote is......Read More
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