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U.S. Minimum Wage

Issues & Potential Effects of an Increase

Language EnglishEnglish
Book Paperback
Book U.S. Minimum Wage Joel Biondi
Libristo code: 06440556
Publishers Nova Science Publishers Inc, June 2014
The Fair Labor Standards Act (FLSA) of 1938 established the hourly minimum wage rate at 25 cents for... Full description
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The Fair Labor Standards Act (FLSA) of 1938 established the hourly minimum wage rate at 25 cents for covered workers. Since then, it has been raised 22 separate times, in part to keep up with rising prices. The minimum wage is not indexed to the price level. It has been legislatively increased from time to time to make up for the loss in its real value caused by inflation. This book discusses the federal minimum wage; inflation and the effect it has on minimum wage; the effects on employment and family income of an increase of minimum-wage; and the Fair Labor Standards Act (FLSA), which is the federal legislation that establishes the minimum hourly wage that must be paid to all covered workers.

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About the book

Full name U.S. Minimum Wage
Author Joel Biondi
Language English
Binding Book - Paperback
Date of issue 2014
Number of pages 77
EAN 9781631176890
ISBN 9781631176890
Libristo code 06440556
Publishers Nova Science Publishers Inc
Weight 204
Dimensions 153 x 230 x 8

Categories

Economics, Finance, Business & Management > Economics > Labour economics
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