answersLogoWhite

0

well, it depends on many factors, and when it will be implemented, however, do remember that when minimum wage is raised, any store that pays below the new minimum wage will have to increase their employees wages too, and to pay for that, they will have to increase their cost of goods, and then those that make minimum wage will not have enough money to buy the now costly goods, and will then want increased minimum wage... do you see a pattern forming here?

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What is the minimum wage in the Republic of Ireland?

Since 1 July 2007, the minimum wage has been €8.65.


What was the minimum wage in 1991?

There was no national minimum wage in 1991. There were however 'works council wage orders' where workers in some industries had to paid a minimum hourly wage.


What was minimum wage in 1991?

There was no national minimum wage in 1991. There were however 'works council wage orders' where workers in some industries had to paid a minimum hourly wage.


What was the minimum wage in the early 1940s?

A national minimum wage is a relatively new concept and is certainly not a universal one. No country had a minimum wage in 1940


What is the national minimum wage in 2008?

The Federal minimum wage in the United States is $6.55. For more information and lists of minimum wage by state, see the Related Links.


What step did the national recovery adminstration take to restore the nations economy?

It established a minimum wage.


What is the UK's minimum wage?

The national minimum wage will rise to £5.73 an hour


Will minimum wage go up in Pa?

$7.15


Did minimum wage change in 1994?

yes it did


What will be national minimum wage be 2012?

Type your answer here... 6.55


What is the Barcelona minimum wage?

In Barcelona, the minimum wage is 2.68 euro an hour for an eight-hour day. Barcelona is considering freezing its minimum wage which equals 21.51 euro for an eight hour work day.


What act created minimum wage?

The Fair Labor Standards Act (1938) created the minimum wage system in use today, however, the minimum wage was first nationally mandated by the National Industry Recovery Act (1933).