Saturday, May 23, 2020

Critique Minimum Wages And Employment - 1336 Words

Final Project Part One Kevin Nozari Embry-Riddle Aeronautical University MBAA 523 October 1, 2015 Critique: Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania In this paper, we will be critiquing a research that was performed by Krueger D. Card. We will critically evaluate the researcher’s work by indentifying strengths, weaknesses, areas to improve, and possible extensions of the research. Other areas that will be discussed are research methods used, why the author selected the methods, what other methods could have been used, and why the other methods would have been applicable. The research that we will be reviewing is â€Å"Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania.† The article that we are critiquing is aimed to assess the blow of increased minimum wage from $4.25 to $5.05 per hour in 1992 on the employees working in fast-food restaurants in New Jersey and Pennsylvania. The author has shown two comparisons in this study. The first comparison is the employment growth rates at the fast food stores in New Jersey and Pennsylvania, before and after the minimum wage r aise. The second comparison is the change in employment rate from fast food stores (in both states) that pay higher wages initially to the lower wage stores. Krueger Card concluded that there was no indication or signs that the minimum wage increase, decreased employment Based on theShow MoreRelatedWorking Poor : The Work Poor Essay1277 Words   |  6 Pagescreated to assist the people who are working but still struggle to get basic needs like food, utilities, gas, and medical. Poverty is a perpetuating cycle that is intended to keep the poor oppressed and discriminated against. Respectfully, this critique will address the social problems that are identified in the book, the major social welfare policy issues, the social values and beliefs that are critical and the implications for future social welfare policy and social work practice. Social ProblemsRead MoreGender Harassment And The Workplace1465 Words   |  6 Pagesstudies have been conducted that highlight challenges faced specifically by women in the workplace. Women face many uphill battles to include differences in pay levels compared with male counterparts; the balance of full-time compared to part-time employment; and the occupational echelons at which women are typically employed. The Equal Opportunities Commission (EOC) reported that â€Å"women remain disadvantaged compared to men, as occupational segregation means they are concentrated in lower skilled andRead MoreA Balanced View On The Minimum Wage1928 Words   |  8 Pageshas led to some economist to oppose against the minimum wage because it will cause higher unemployment. This has also been stressed by Milton Friedman, who received the Nobel Prize in 1976, has called the minimum wage a form of â€Å"discrimination against low skilled workers†. In this essay, I will look to give a balance d view on the use of minimum wage. The minimum wage debate â€Å"is one of the most studied topics in economics† (Beeton, 2013) The minimum wage was first introduced in the United Kingdom (URead MoreThe Ideology of Karl Marx on Sociology822 Words   |  4 Pagesmachineries and labour power. (ibid) The surplus value created by works is used to accumulate wealth and expand their capital. Bourgeoisie originated in medieval European cities. Originally there was the Industrial capitalist (emerged from the employment of labour power); the merchant capital (individuals that accumulated their wealth through trade and commerce); finance capital which refers to the banking and finance system, the landed capital refers to landlords using land in a capitalist mannerRead MoreThe Pay Gap Between The Wages Of Men And Women Essay978 Words   |  4 Pagesbelief, the pay gap between the wages of men and women still exists. According to the Cambridge Business English Dictionary, the wage gap is â€Å"the difference between the ​amounts of ​money ​paid to women and men, often for doing the same ​ work† (â€Å"gender pay gap†). The fact that we are still discussing it, especially during the current presidential campaign, proves that fact. The gap has decreased as time passes due to the relentless advocacy of feminists, but the wage gap does still exist. ConsideringRead MoreIncome Guarantee Schemes And The Developed Countries3248 Words   |  13 PagesECON 3405- Critique of Capitalism—Fall 2014 Abstract This paper describes several income guarantee schemes in United States, United Kingdom and Japan, which could represent most developed countries in the world in this field. The first half part of this paper tells that income guarantee schemes in these three countries have both similarities and differences because they have really different histories in development. The second half part discusses the significance of minimum wage policy andRead More Marxism Politcial Economy Essay2251 Words   |  10 Pagesas the surplus value extracted from the labour force in order to generate profit. This would be achieved through paying wages lower than the value of the commodity produced. Such a theory remains evident in the now globalised world market, for example sweatshops in developing nations, where the rate of surplus value remains high due to the low cost of production and low wage demands. Marxist Political Economists also emphasis the impact and importance of technical progression on surplus valueRead MoreInvoluntary Unemployment And Its Effects On The Economy2903 Words   |  12 Pagesreaching full employment, such as â€Å"the number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) †¦ These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job† (Taborda, BLS). Involuntary unemployment is a common occurrence in capitalism that happens when, rather than simply not choosing to work at the set wage, a person isRead Morefoundation of HRM4633 Words   |  19 Pages The employment relationship is the context within which intricate interactions between employees, who may be unionised, and employers are conducted, both collectively and individually (Kelly, 1998 cited in Rose, 2004 p.6) Potential for conflict between employee and employer interests Unequal nature of the employment contract The ways in which the employment relationship is regulated The employment contract: Lecture aim: to examine the inequality of the employment contract to outline theRead MoreA Sociological Critique Of Nickel And Dimed1284 Words   |  6 PagesA Sociological Critique of Nickel and Dimed I. Introduction The economic and social class gap in America is evaluated in the book titled, Nickel and Dimed: On Not Getting by in America by Barbara Ehrenreich. The text aims to illustrate her perspective and experiences by going undercover as a journalist. Ehrenreich portrays herself as a recently divorced woman with the skills of a homemaker. The objective of Ehrenreich’s experiment was to evaluate different jobs requiring little to no skills and to

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.