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What is the minimum wage?
asked Dec 10, 2010 by triuser (1,753 points)

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A minimum wage is the lowest hourly, daily or monthly wage that employers may legally pay to employees or workers. Equivalently, it is the lowest wage at which workers may sell their labor. Although minimum wage laws are in effect in a great many jurisdictions, there are differences of opinion about the benefits and drawbacks of a minimum wage. Supporters of the minimum wage say that it increases the standard of living of workers and reduces poverty
answered Jan 1, 2011 by trianswer (22,754 points)

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