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  • Actual for You - Increase Minimum Wage Won't Translate to Increased Economic Prosperity or Employee Productivity

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    ourly rate ranges from $12.16 (Florida) to $21.28 (Michigan). All hourly rates were well above even the existing rate of $5.15 and
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    Raising the minimum wage will not help the economic prosperity of the U.S. and more importantly will continue to place a negative drain on employee productivity. First, the original intent of the 1938 Law that set minimum wage at $.25 was to be applicable mainly for those engaged in interstate commerce or in the production of goods for interstate commerce. In today’s economy, that would apply to manufacturing and those involved in interstate commerce. A quick look at data from the U.S. Census Bureau for 2003 shows the hourly rate ranges from $12.16 (Florida) to $21.28 (Michigan). All hourly rates were well above even the existing rate of $5.15 and
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    ain on employee productivity. First, the original intent of the 1938 Law that set minimum wage at $.25 was to be applicable mainly for those engaged in interstate commerce or in the production of goods for interstate commerce. In today’s economy, that would apply to manufacturing and those involved in interstate commerce. A quick look at data from the U.S. Census Bureau for 2003 shows the hourly rate ranges from $12.16 (Florida) to $21.28 (Michigan). All hourly rates were well above even the existing rate of $5.15 and
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    for those engaged in interstate commerce or in the production of goods for interstate commerce. In today’s economy, that would apply to manufacturing and those involved in interstate commerce. A quick look at data from the U.S. Census Bureau for 2003 shows the hourly rate ranges from $12.16 (Florida) to $21.28 (Michigan). All hourly rates were well above even the existing rate of $5.15 and
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    y to manufacturing and those involved in interstate commerce. A quick look at data from the U.S. Census Bureau for 2003 shows the hourly rate ranges from $12.16 (Florida) to $21.28 (Michigan). All hourly rates were well above even the existing rate of $5.15 and
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    ourly rate ranges from $12.16 (Florida) to $21.28 (Michigan). All hourly rates were well above even the existing rate of $5.15 and the proposed $7.25 per hour. Interstate truck drivers in May of 2005 according to the U.S. Bureau of Labor Statistics ranged from $14.47 for cement drivers to $17.56 for general freight trucking. No problem here meeting the existing law of $5.15.

    Minimum wage was never constructed to be a living wage. However, many in government and those who believe that the government should govern individual performance need to look at the other facts affecting individual performance.

    A recent survey by Salary.com of 10,00

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