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The FLSA establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Covered nonexempt workers are entitled to a minimum wage of not less than $6.55 per hour effective July 24, 2008; and $7.25 per hour effective July 24, 2009. Overtime pay at a rate not less than one and one-half times the regular rate of pay is required after 40 hours of work in a workweek.
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You can expect UNemployment figures to shoot up because of this. It always happens, even in a good economy. As soon as employers are forced by the government to raise their pay scale, people get laid off. Never fails.
The inmates are definitely running the asylum now.
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__________________
"All that is required for evil to triumph is for good to do nothing."
Paying someone I don't care who, less then $10 hr should be a crime.Quit buying your 500k houses and 50k boats and 30k hummers and start paying your workers what there worth.
Here in the USA, we are workers not slaves........
Last edited by Mabeyitstrue; 06-22-2009 at 02:12 AM..
You can expect UNemployment figures to shoot up because of this. It always happens, even in a good economy. As soon as employers are forced by the government to raise their pay scale, people get laid off. Never fails.
The inmates are definitely running the asylum now.
//
You know this has nothing to do with Obama don't you..
Congress on Thursday, May 24, 2007 approved the Federal Minimum Wage increase and a spokesman for President Bush said he would sign the bill into law.
One thing not clear about the Unification Church is its social justice mission, just about every religious group advocates for social justice and in this case a fair wage for the working poor.. if I am to read this post correctly, there is advocacy for corporate america instead of advocacy for the working poor..
$7.25 per hour is $290.00 per week.. $15,000 per year.. the Federal Poverty Guidelines for a family of 3 is $18,310... except in Alaska which is $22,890.. this wage will not exactly create wealth amongst the working poor.
__________________ "Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.
You can expect UNemployment figures to shoot up because of this. It always happens, even in a good economy. As soon as employers are forced by the government to raise their pay scale, people get laid off. Never fails.
The inmates are definitely running the asylum now.
//
So... you want to punish rank-and-file American laborers rather than the siuts at WalMart?
So... you want to punish rank-and-file American laborers rather than the siuts at WalMart?
No, he is stating a simple fact. When businesses are forced to pay unskilled labor a rate that is artificially high, well, businesses simply won't hire them. This will affect summer teen jobs.
No, he is stating a simple fact. When businesses are forced to pay unskilled labor a rate that is artificially high, well, businesses simply won't hire them. This will affect summer teen jobs.
That may work well in a booming economy, but now many have to go to return to work in entry level positions and this is what they have to look forward to.
Know a few folks who have been laid off, and are finding that their unemployment pays more than entry level jobs they can find.
__________________ "Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.
That may work well in a booming economy, but now many have to go to return to work in entry level positions and this is what they have to look forward to.
That doesn't change the fact that there will be fewer of these jobs "to look forward to" the higher the pay goes. Your point may well be an accurate statement of fact but it doesn't counter ljuneau's point.
Federal minimum wage goes up on July 24
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