cover image: Time for a real raise : Nova Scotia minimum wage

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Time for a real raise : Nova Scotia minimum wage

25 May 2005

Increasing the minimum wage impacts not only the workers receiving the minimum wage. [...] The stagnation of the minimum wage over the past two decades is at least partially responsible for the plight of the working poor in Nova Scotia, many of whom earn somewhat more than the minimum wage. [...] Providing a real increase in the minimum wage would boost the wages of these and many more workers in need of a raise. [...] It addresses the economic impact of the minimum wage in the context of an economy that is producing too many low wage jobs, and considers some of the arguments against increasing the minimum wage. [...] The minimum wage sets a social standard or tone, and many public debates, as well as innumerable disputes inside the workplace, use the minimum wage as an implicit guide to construct arguments, to assess all wage scales, to measure the relative standards of one’s enterprise.1 When the minimum wage is increased it creates an upward pressure on other wages.
government education politics economics economy poverty business economic growth employment labour minimum wage unemployment tax working poor low income jobs benefits minimum wages job employee economic inequality poverty threshold wage and benefit poverty in canada

Authors

Jacobs, John

ISBN
0886274370
Pages
21
Published in
Canada

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