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– Nelson Mandela

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Homework Week 6

Homework Week 6

Q Homework- Week 6-ECON 365 Many of these concepts may be new to you as students. The homework will mostly be definitions or short answer to help you understand the topics. All of the minimum wage articles have touched upon the idea of how labor unions advocate and defend minimum wage legislation. Research and let me know if you believe this to be true or false, defend your position. Once again, I am looking for just a few paragraphs, not a lengthy paper.

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In the United State, the minimum wage laws state the lowest hourly wages employers are permitted to pay their workers. Currently, the federal minimum wage is at $7.25 per hour, but individual states can implement their own laws depending on the cost of living in their state. Since its passing in 1938, the federal minimum wage has increased 22 times. Labor Unions are in favor of raising the minimum wage too all Americans, not just labor union members. In 2016, New York passed an increase in the minimum wage to create a living wage for its citizens. When the local labor union president was asked on his opinion on the matter he stated, “When workers do well, our state thrives,” said 32BJ SEIU President Hector Figueroa in a statement.