Monday, February 12, 2007

The OHIO fair minimum wage amendment

Resources are scarce. The totally money of employees of Ohio are resources. The number of employees and employee’s wages are two of opportunity costs. Ohio raised the wage from $5.15 to $6.85 per hour starting January 1, 2007, and the minimum wage will increase every year if the cost of living rises. But when the wage had risen, the also means the number of unemployment rate will rise; because the resources are scarce. Unless the totally money of employees of Ohio rise more.
In this semester, I want find a work in Marietta; but when I went to physical plant department, the officer told me: this change in the minimum wage will not change the total amount of your student employment award. So I didn’t get any job; although the wage got raise, the number of employee reduced.

1 comment:

Greg Delemeester said...

The minimum wage topic was already blog on by Kelsey Horwell on 2/10/07 at 12:00:00pm and Hang Li on 2/08/07 at 05:090:00am.