living wage

SMART Vocabulary: related words and phrases

Earning money
assessable
bank
base pay
basic
basic income
disposable income
hand over fistidiom
in arrearsidiom
line your pocket(s)idiom
livelihood
make an honest livingidiom
pro bono
pro rata
profit from something
prorate
pull
pull something down
raise
revenue
sick pay

minimum wage | American Dictionary

minimum wage
noun[ U ]
us/ˈmɪn·ə·məm ˌweɪdʒ/
the lowest pay for an hour’s work that can legally be paid to a worker:
They want to raise the minimum wage to $8 an hour.

minimum wage | Business English

minimum wage
noun[ C,usually singular ]
 ECONOMICSukus
the lowest amount that employers can legally pay employees:
He earns the minimum wage of $5.50 an hour.
above/below the minimum wage30,000 workers were still being paid below the minimum wage.
an increase/rise in the minimum wage
the national/federal minimum wage

Examples of minimum wage

minimum wage
Participants earn the official minimumwage and mostly work 36 hours per week.
Its vote was required to pass the budget, and it could also pass laws to increase spending or change the minimumwage or pension.
As we turn to empirical evidence about the effects of the minimumwage, the picture is a confused one.
Can this be the basis for an argument against the minimumwage?
But even if it is true that self-ownership rights would be violated by the minimumwage, this is question-begging.
As for the final judgment of the minimumwage, there are roughly two views of the minimumwage.
In this example, no workers lose through the minimumwage.
But an objection to the minimumwage might be developed from the values underlying freedom of contract.
Is it true that the minimumwage conflicts with self-ownership and, if so, is this a major objection?
However, while minimumwage rates were not applied elsewhere until 1963, from the late 1950s symptoms of unemployment became increasingly evident in other urban centres.
The next year, when minimumwage rose from $.25 to $.30 an hour, three million more workers were covered.
Given these difficulties, it should be no surprise that minimumwage has rarely kept pace with inflation.
In particular, considerations of exploitation and freedom do not make a case for or against the minimumwage.
It is 5.5 % of the minimumwage or 2.2 % of the average wage, indexed to prices.
The risk of death of children in families earning one minimumwage was twice that of children in high income families (10 minimum wages).
See all examples of minimum wage
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