By reading the article " Minimum Wage's Discriminatory Effects"and digging deeper to understand that man years ago the difference between races had been stopped. Is it possible that discrimination among white and black people continues?
As to be very persuaded, people were needed some proofs about the minimum salaries' devastating effects. Another study has already reached the same conclusion. Two labor economists, Professors William Even and David Macpherson, released a study for the Washington, D.C.-based Employment Policies Institute titled "Unequal Harm: Minimum Wage Increases." Percentage of being unemployed young adult increases up to 27 percent(%). Also as we can see that the unemployment rate for black young adults was almost 50 percent, but for young black males, it was 55 percent.
Among the white males, the economic professors found that each 10 percent increase in a state, but federal minimum wage decreased employment by 2.5 percent. The terrible situation, among black males in this group, is that each 10 percent increase in the minimum wage decreased employment by 6.5 percent. In every business, every job will hire the educated person with experience. So most uneducated African Americans worked in food and drinking establishments.
To find a job or hire such a worker would be a losing economic proposition. If the employer could pay that low-skilled worker the value of his skills, he would at least have a job and a chance to advance his skill and earn more in the future.
As to be very persuaded, people were needed some proofs about the minimum salaries' devastating effects. Another study has already reached the same conclusion. Two labor economists, Professors William Even and David Macpherson, released a study for the Washington, D.C.-based Employment Policies Institute titled "Unequal Harm: Minimum Wage Increases." Percentage of being unemployed young adult increases up to 27 percent(%). Also as we can see that the unemployment rate for black young adults was almost 50 percent, but for young black males, it was 55 percent.
Among the white males, the economic professors found that each 10 percent increase in a state, but federal minimum wage decreased employment by 2.5 percent. The terrible situation, among black males in this group, is that each 10 percent increase in the minimum wage decreased employment by 6.5 percent. In every business, every job will hire the educated person with experience. So most uneducated African Americans worked in food and drinking establishments.
To find a job or hire such a worker would be a losing economic proposition. If the employer could pay that low-skilled worker the value of his skills, he would at least have a job and a chance to advance his skill and earn more in the future.
Anna,
ReplyDeleteGreat job! I am really glad that you featured what a 10% increase in the minimum wage does to employment for whites versus blacks. That point suggests that by eliminating minimum-wage laws, employment could actually increase. Great job. Thank you.