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Minimum Wage

Minimum wage is the lowest rate employees may legally pay for an hour of labor (Merriam, 741). The United States has a minimum wage law to guarantee minimum hourly wages and to prevent the exploitation of workers and provide unskilled and part-time workers with a wage floor. People have argues ....

Middle of Paper
.... specific wage and hour standards (Ayres, Online). On June 25, 1938, President Roosevelt signed into law the Fair Labor Standards Act, which established the national minimum wage at 25 cents an hour; it banned oppressive child labor and set the maximum workweek at 44 hours. Since then, Presidents Truman, Eisenhower, Kennedy, Johnson, Nixon, Carter, Bush, and Clinton have signed minimum wage increases into law. When President Truman was in office, he signed the conference compromise bill, which about 1.5 million earners received wage increases of more then 5 cents an ho ....

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