Benefits Of Raising Minimum Wage
That reduces customer interest in what is offered which could impact their overall revenue. Raising the minimum wage doesnt fix poverty. 10 Facts On The Minimum Wage Afl Cio An increase in wage costs due to a rise in the minimum wage contributes to higher prices for those goods and services produced with minimum-wage labor. Benefits of raising minimum wage . Government suggest that a raise in the minimum wage to 1010 per hour could move almost 1 million families out of poverty. Proponents of raising the minimum wage claim raising the minimum wage would lift about two million Americans out of poverty Raise. An increase in the minimum wage can raise prices in a way that works against the poor. It doesnt really affect the persons income when the minimum wage is increased. Most of the benefits of the minimum wage occur to the lowest-paid but there can also be benefits to those who earn just above the minimum wage. Raising The Minimum Wage Analysis 721 Words 3 Pages. W