oregon unemployment

The principle of the minimum wage and comes with a genuine debate: Some say that it contributes to increase the rate of unemployment, and others say that the minimum wage is critical in the maintenance of poverty and low levels. It’s the debate that’s been since she was a federal unemployment rate in the 1930s, but the debate about the implications of the minimum wage has become more important since the beginning of the economic downturn.
Many economists now say that the elimination of the minimum wage completely will allow companies that are experiencing financial hardship to create more employment opportunities, and, while this side of the argument not to raise points of logic, an article published in The New York highlighted this morning by a recent study that makes a strong the case for the opposite.
The study, called “minimum wage effects across the borders of the State: estimates using a district adjacent” is not found, except that the minimum wage and virtually no impact on employment levels from lower-paying jobs, but also increase the success of the standard of living for workers in low-income countries pay some industries such as food service and retail.
The research was conducted by economists from the University of Massachusetts at Amherst, the University of North Carolina at Chapel Hill, University of California, Berkeley, who analyzed 16 years of employment data among low-wage workers. Can read the full results of the study here, or a witness in a simplified version of the video, here.
Although the study provides interesting information, it is convincing, especially in light of the mid-term elections tomorrow, because the result of the election could have an impact on each of the minimum wages and employment. To help you in formulating your own opinion before heading to the polls tomorrow, here are a few things to keep in mind about the minimum wage:
* Historically, the Democratic Party has proposed to increase the minimum wage, while the Republican Party was in favor of the dam or the abolition of the minimum wage.
* According to the 2000 census, there are more than 10 million workers the minimum wage in the United States
* In 2006, he saw nearly half of the economists surveyed should be abolished the minimum wage. Hair and only one-third should increase it.
* Washington State is currently the highest minimum wage, at $ 8.55, followed by Oregon, for $ 8.40.
* In January 2011, will raise the minimum wage in San Francisco for $ 9.92. San Francisco, and also one of the highest costs of living in the country.
* There are currently five states in the United States that have no requirements for minimum wage: Alabama, Louisiana, Mississippi and South Carolina and Tennessee; all States are Republican.
* Working a job at minimum wage current federal, $ 7.25 for a period of 40 hours per week, every 52 weeks per year and produces an annual income before taxes, of $ 15.080. If you pay about a third of this income from taxation, benefits, and annual net income becomes $ 10.556.
* In Oklahoma City, United States in the Metropolitan Region with the lowest average housing costs, one year of rent averages $ 8,676.
* The poverty line for a family of four is the annual income of $ 22.050.