The Minimum Wage Should Not Be Increased :: Minimum Wage Essays

Although many Americans believe an increase in the stripped wage is constantly a positive step for the national government to take, the most recent wage hike could result in some harmful effects.One root word potentially hurt by the increased minimum wage is teen-aged workers. Four hundred and eighty thousand teen jobs pay been lost due to recounting putting the wage hike into place in 2007 (New Ad Campaign). In 2008, the months June by dint of August, only 32.7 percent of teens had jobs. This is down from 45 percent in June through August 2000, stated by the U.S. Bureau of Labor Statistics (Petrecca). In the last 17 years unemployment for American teens has increased a great amount. Presently the unemployment invest is at 24 percent. In one year alone that percent has increased nearly 12 percent. Other ethnicities, such as African Americans, atomic number 18 also feeling the effects of unemployment. Currently the unemployment rate for African American teens is 37.9 percent thats four times the National average. These groups of African American teens have been hit the hardest with the unemployment rate increasing 27 percent in one year. According to Kristen Lopez Eastlick, Senior Research Analyst for the Employment Policies Institute, The unintended consequence of the federal minimum wage hike is pricing some employees out of the workforce, and based on the recent unemployment data, its teens-minority teens especially-who are getting hit the hardest (Are Summer Jobs). legerdemain Silva, chief economist at Wells Fargo said, Its tough timing, he anticipates that teenagers and those who are less qualified will have the hardest time conclusion work. Youre going to have a very negative response. In a recession like this, companies dont have the pricing reason to pass on those costs (Maher). Congress increasing minimum wage was meant to help those people who are getting paid right at the minimum wage level. But, if people cant even get a jo b that pays minimum wage then the new law is hurting to a greater extent than its helping. Works CitedAre Summer Jobs Going Out of Business? Science Letter 21 July 2009 2887.