Minimum Wage Legislation

Part I of Essay
I am going to pose the question to you the students of Sir Sandford Fleming College, do you really want the left in affect? As college students you are not benefiting or gaining anything from minimum wage legislation. The requires all employees to be paid at least some fi ....

Part II of Essay
.... as long as the minimum wage legislation remains in affect. In society today the demand for "unskilled" workers is low and the supply is high, therefore there is a surplus of unskilled workers in the job market. The effect of a surplus drives down an individuals reservation wage, as they are willing to do and take anything for work. Minimum wage only makes this fact more severe, as it increases the supply of workers. Minimum wage increases the cost of doing business, and unfortunately in today's economic conditions employers are not able to pa ....