On the other hand, pharmacist David Gutekunst told that the pending wage hike will make it more difficult for smaller chains to recruit part-time clerks. According to the Guild for Professional Pharmacists executive director Ralph Vogel, the minimum wage increase is a smart move of the government...
How Does the Minimum Wage Affect Wage Inequality and Firm Investments? Evidence from Chinese Firm-level Data.∗ This paper empirically analyzes the impact of the Chinese minimum wage regulations on wage inequality and the firm decision to invest in physical and human... T Haeppa,C Linc 被引...
Still, we've been through worse inflationary times. There's talk about inflation and cost of living increases, but what do these terms really mean? And most important, how do they affect your daily life? Key Takeaways Inflation measures the increase in the price of goods and services. Or,...
Santa Monica's Minimum Wage: Assessing the Living Wage Movement's New Frontier Local campaigns to create high minimum wages in submetropolitan districts have become a growing part of the living wage movement. In this article, the auth... RH Sander,ED Williams - 《Economic Development Quarterly》...
The law of supply and demand is also reflected in how changes in the money supply affect asset prices. Cutting interest rates increases the money supply; however, the amount of assets in the economy remains the same but demand for these assets increases, driving up prices. ...
This has actually eclipsed the few weeks after the Truss mini-budget, which had a broader impact on the markets and worried households needing to get mortgages. Minimum wage An increase in the minimum wage will disproportionately affect already struggling businesses as they will have little or no...
How Does Work-Study Work? Work-study-eligible students can take on a wide range of jobs through the program. “The different types of categories of work-study jobs include clerical/office, computer/tech support, research/lab assistants, tutors and various customer service posit...
How Do Credit Cards Affect Your Credit Score? Credit cards play a significant role in shaping your credit history and credit scores. To understand this better, you need to know the main factors affecting your credit score. Here's an overview: 1. Payment history: Your track record of making...
Whenunemployment is high, the number of people looking for work significantly exceeds the number of jobs available. In other words, the supply of labor is greater than the demand for it. Let's takewage inflation—the rate of change in wages—as a proxy for inflation in the economy. With ...
The U.S. Department of Labor’s Wage and Hour Division (WHD) enforces federal child labor laws to protect working minors against exploitation. The minimum age for employment is 14 for nonagricultural jobs. Young people under the age of 18 can't work in hazardous occupations under the terms...