Free Republic 3rd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $20,311
25%  
Woo hoo!! And we're now over 25%!! Thank you all very much!! God bless.

Keyword: teenunemployment

Brevity: Headers | « Text »
  • Minimum-Wage Laws Are Costly For The Unemployed

    07/12/2012 5:39:18 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | July 11, 2012 | Jeff Jacoby
    CONGRESS ENACTED the first federal minimum wage in 1938. A provision of the Fair Labor Standards Act, it covered about 6 million workers and set a wage floor of 25 cents per hour. It also cost a lot of people their jobs. The Labor Department reported that as many as 50,000 employees, mostly poor Southern blacks, were thrown out of work within two weeks of the law's taking effect. In the months that followed, the carnage spread. "African Americans in the tobacco industry were particularly hard hit," wrote David Bernstein in his 2001 history of labor regulations and black employment....