Minimum Wage


is the lowest rate employees may legally pay for an hour of labor (Merriam, 741). The United States has a law to guarantee minimum hourly wages and to prevent the exploitation of workers and provide unskilled and part-time workers with a wage floor. People have argues that the has become less of a safety net for primary earners in poor families than a floor for the wages of teenagers and other secondary earners from higher-income families.
In 1933, there were a long series of “Conferences on the ,” established by the Department of Labor. There were many administrators and representatives of organizations with an interest in these programs. Some of these groups were: The National ...

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goods produced with “oppressive child labor,” 5. The exception of agricultural workers and executives, administrative, supervisory and professional employees, and 6. Authorization of the Fair Labor Standard Board to appoint advisory committees to consider conditions in industries or occupations before establishing specific wage and hour standards (Ayres, Online).
On June 25, 1938, President Roosevelt signed into law the Fair Labor Standards Act, which established the national at 25 cents an hour; it banned oppressive child labor and set the maximum workweek at 44 hours. Since then, Presidents Truman, Eisenhower, Kennedy, Johnson, Nixon, Carter, Bush, and Clinton have signed increases into law.
When President Truman was in office, he signed the conference compromise bill, which about 1.5 million earners received wage increases of more then 5 cents an hour, when the amendment came into effect on January 1950. “The Act has proved to be wise and progressive remedial legislation ...

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cents brought the to $3.35. By April of 1990 the raise in went to $3.80 and then in 1991 it went to $4.25 (Ayres, online).
The for this country is currently $5.15 an hour, which went into effect on September 1, 1997. The needed to be increased because inflation was approaching a 40-year low. Inflation had largely wiped out the last increase in the approved by Congress in 1989. In August of 1996, Congress passed and President Clinton signed a law for a two-step increase. The first step lifted the from $4.25 to $4.75 per hour, which was effective on October 1, 1996. The second step raised the from $4.75 to $5.15 per hour, which has been effective since September 1, 1997. Full ...

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Added: 9/26/2006 03:23:59 PM
Category: Economics
Type: Premium Paper
Words: 1723
Pages: 7

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