The Advantages of Minimum Wage?

Answer Some economists hate the minimum wage because they believe it basically forces unemployment onto the economy. That is, if there were no minimum wage laws, then a company could pay a worker less for... Read More »

Top Q&A For: The Advantages of Minimum Wage

What year did the federal minimum wage go into effect&how much was the minimum wage?

The United States has not always had a minimum-wage law. The federally mandated minimum-wage law began in 1938. It was enacted by the Franklin D. Roosevelt administration. At the time, the federall... Read More »

Living Wage Vs. Minimum Wage?

Many U.S. cities have adopted popular but controversial living wage ordinances which require certain companies and industries who receive government contracts or tax incentives to pay wages that ar... Read More »

Why was the minimum wage set?

When President Franklin D. Roosevelt signed the Fair Labor Standards Act (FLSA) into law in June 1938, he put the principle of a federal minimum wage into action. The minimum wage was intended to p... Read More »

Denver Minimum Wage Act?

Colorado's minimum wage is usually higher than the federal minimum wage; therefore, as of 2011, Denver employers follow Colorado state laws on the minimum wage for employees. Denver employees' mini... Read More »