The
minimum wage is the lowest hourly, daily, or monthly remuneration that
employers are bound to play their employers for the work they have rendered.
Several states in the country may implement their own minimum wage laws, with rates
depending on various factors that affect certain states. Additionally, the
federal government implements a nationwide minimum wage to ensure that
employees all around the country receive wages that are enough to cover their
daily needs.
The Dilemma of Minimum
Wage Earners
Sadly,
living in North America has been having harder every day. More and more
American families have been falling below the poverty line because of the
failure to increase the federal minimum wages. These causes more and more people
to have problems trying to put food on their tables which causes malnutrition
to more and more American children. This also makes it difficult for some pared
their children to school.
Calls to Raise the
Federal Minimum Wage
A
group of mayors from different states in the country also raise the following
points to US President Barack Obama to act on the issue about the federal
minimum wage as the current $7.25 minimum wage isn’t enough. According to the
group, the federal government should start awarding a $10.50 per hour rate as
this would have been the ideal amount of minimum wage should the annual
inflation rate is factored in. Moreover, these experts believe that these
employees deserve to receive up to $18 per hour if only the minimum wage rate
was based on and kept up with worker productivity. That is why the need to
raise the federal minimum wage is critical, as this can help these individuals
give their families a better life.
Higher Wages, Better
Savings for the Government
More
than being able to provide a better life for their family the resolution also
pointed out various benefits of the local and national government because these
higher wages. First and foremost, a higher minimum wage allows for better
earning for the public, allowing them to have better purchasing power which can
stimulate economic activity. This would also help the government save money as
a significant amount in as far as the Supplemental Nutrition Assistance Program
federal minimum wage is concerned. These benefits doesn’t just help each
American family but the government as well.
This
is the reason why calls for the increase in the minimum wage are getting
stronger as the benefits clearly outweigh the setbacks caused by such
increases. And so these mayors are pushing for the increase of the minimum wage
laws including US President Barack Obama himself.
