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This paper discusses the benefits of the introduction of minimum wage to labor laws in America. It examines both the argument in favor of and against the introduction of this law in America. The paper then applies the two arguments to assessing the viability of the statement that retail giant Wal-Mart unfairly compensates its employees for their labor.
Sample of Sources Used:
- David Card and Alan Krueger. Myth and Measurement: The New Economics of the Minimum Wage 1997
- "History of Federal Minimum Wage Rates Under the Fair Labor Standards Act, 1938 - 1996", Department of Labor, March 31, 2006.
- Sharp, Nora "Advocates push for living wage," The Oberlin Review 10/7/05. Available online at http://www.oberlin.edu/stupub/ocreview/2005/10/7/news/article2.html
- Skalka, Jennifer "Miminum wage rise passes," Baltimore Sun 1/18/06, 1.B. Available online at http://pqasb.pqarchiver.com/baltsun/access/970930291.html?dids=970930291:970930291&FMT=ABS&FMTS=ABS:FT&date=Jan+18%2C+2006&author=JENNIFER+SKALKA&pub=The+Sun&desc=Minimum-wage+rise+passes+
Cite this Term Paper:
Minimum Wage (2007, April 22) Retrieved June 02, 2020, from https://www.academon.com/term-paper/minimum-wage-94127/
"Minimum Wage" 22 April 2007. Web. 02 June. 2020. <https://www.academon.com/term-paper/minimum-wage-94127/>