The Minimum Wage Approved By Law Rates Essay - 1268 Words

Labor. This word is such a small word, however it has a huge meaning. Labor is taken advantage in every country, whether it is a professional occupation, like doctors or manual labor, like chopping wood. China is well known for its low cost labor and this is also the reason most of our clothing and furniture come from China, but this comes with a cost. Most government organizations have more power than the individual in controlling the labor laws, wages, work-related injury compensation, and overtime. . Throughout the past decade, China has been an engaging end for worldwide enterprises because of its low pay rates, however China is still unable to carry out the guidelines for international labor laws. Regardless of the insufficiencies of Chinese law, the legislature now permits strikes. (AFL-CIO 2016) The minimum wage approved by law rates might consider the particular exchanges of a each state, and diverse the lowest pay permitted by law rates might be settled for regions with different financial progress levels and for various exchanges. (Lehman, Lee Xu November 24, 1993) Therefore, Chinese wages are rising. This is something worth being thankful in both Chinese working families and for laborers in different nations that compete with China in the clothing industry. (AFL-CIO 2016) This shows that even though China is not yet following labor laws for the wages dispersed to their workers, they are continuously improving. Clothing manufacturing consists of more than justShow MoreRel atedAmerica s Minimum Wage At Arizona s Current $ 8.05 Per Hour Essay1174 Words   |  5 Pagesâ€Å"A yes vote on Proposition 206, also called the Healthy Working Families Initiative, would increase the minimum wage from Arizona’s current $8.05 per hour to $10 per hour by 2017 and eventually to $12 per hour by 2020† (Rau). While the first part of Prop. 206 seems to be getting more attention in the media and form the business community, the second part will trigger the most disruptive changes for Arizona employers, especially small employers. Recent polling indicates that nearly 60 percent of likelyRead MoreLink between Higher Minimum Wage and Higher Unemployment1179 Words   |  5 PagesIn theory when an increase in minimum wage increases the cost of low-wage workers firms should want to hire less workers, however in reality this basic theory might be wrong according to Plumer B. 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