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The Wage Rate and the Cost of Living

Date Submitted: 09/10/2006 00:25:04
Category: / Business & Economy
Length: 2 pages (624 words)
The Wage Rate and the Cost of Living <Tab/>Here in the United States, the job market is not a very large one. The employers in most towns expect to pay their employees little to nothing for their services, not realizing how much it actually does cost to live in here. On the news the other day, I saw a story on the amount people are being paid, as opposed to …
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…a dollar, has long passed, and the employers need to realize this. They need to come up with a fair way to judge what the wage rate should actually be. This $5.15 an hour minimum wage is ridiculous, and employers are far from paying what the wage rate should be in order to survive. If the employers are unable to pay a decent wage, then they should not have their doors open in the first place.
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