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The minimum wage is determined by the state. In the state of North Carolina, the minimum wage for both full and part time individuals is $7.25.
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What is the minimum wage of ordinary workers in the Philippine money?
the minimum wage of a filipino worker is 125 pesos only!!
What are nike factory workers paid?
Minimum wage.
Why should the minimum wage be raised and what are the reasons behind it?
The minimum wage should be raised to ensure that workers are paid a fair and livable wage. This is important because the cost of living has increased over time, making it difficult for low-wage workers to make ends meet. Raising the minimum wage can help reduce income inequality, stimulate economic growth by increasing consumer spending, and improve the overall well-being of workers and their families.
When minimum wage increases for workers how does this affect the supply curve for a company?
When minimum wage increases for workers this affects the supply curve upwards for the company. This will mean that the cost goes up which pushes the curve to the left.
How might a minimum-wage law and that the supply and demand of workers?
A minimum-wage law sets a legal floor on wages that employers must pay, which can lead to increased income for low-wage workers. However, if the minimum wage is set above the equilibrium wage determined by supply and demand, it may result in a surplus of labor, meaning more workers may seek jobs than there are positions available. This can lead to higher unemployment rates among low-skilled workers, as employers may hire fewer workers or reduce hours to offset increased labor costs. Ultimately, the impact of minimum wage laws on labor supply and demand depends on their specific levels and the economic context.
What is a good salary requierment for a part time high school student?
Minimum wage, or minimum wage + 0.50¢
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.
How can the government affect the wage of workers?
By increasing or decreasing the minimum wage.
Which type of regulation increases costs for consumers but helps US businesses?
Laws that increase the minimum wage for workers
What is the minimum wage of ordinary workers in the Philippine money?
the minimum wage of a filipino worker is 125 pesos only!!
What was minimum wage in Michigan 1971?
In 1971, the minimum wage in Michigan was set at $1.60 per hour. This rate was part of a broader trend of minimum wage laws across the United States, which aimed to provide workers with a basic standard of living. Adjusted for inflation, this amount reflects the economic conditions and cost of living during that time.
What is minimum wage for a horse groom?
Whatever the minimum wage for the area is. There is no set wage. When I worked as a part-time groom for an Arabian barn I earned $7 an hour.
What are nike factory workers paid?
Minimum wage.
What is the current minimum wage for American workers?
not enough
What is the minimum wage of ordinary workers?
$8.00 - $8.50
What does Walmart pay it's employees?
Part-time, and minimum wage.
