This paper discusses minimum wage legislation: . Impact on labor markets, job training, employability, regional conditions, minorities and unemployment.
Written in 1990; 1,800 words; 9 sources; $ 63.95
From the Paper:
"Minimum wages were established on the national level by the Fair Labor Standards Act (FLSA) of 1938, which also set overtime pay requirements for covered workers. Since that time, the effects of a minimum wage on the economy have been hotly debated, with business interests traditionally claiming that minimum wages lead to loss of jobs, and labor interests claiming that without a minimum wage, workers will be unfairly compensated. This research examines the arguments associated with both these claims as well as the general economic effect of minimum wages.
In order to evaluate the effect of minimum wage legislation on workers, it is necessary to define which workers are directly affected by such legislation; that is, who are the minimum wage workers?
According to the Bureau of Labor Statistics, approximately ... "
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