--%>

Describe how low-skilled workers might be made worse off

Describe how low-skilled workers might in fact be made worse off from minimum wage law in working conditions and job training. Additionally, what might be the long-run impact on wages & earnings?

In essence employers are not being allowed to offer lower wages to employees in exchange for more on-the-job training. Thus, it is at least sensible to assume that in the face of having to pay higher wages per hour which firms may simply react by providing less training. In the ending this may in fact have the effect of making workers less productive than they might otherwise be and lead to a drop in life-time wages & earnings.

 

   Related Questions in Biology

  • Q : Describe Licensing Agreements Licensing

    Licensing Agreements: It is the written contract under which the owner of a copyright, recognize how, patent, service mark, trademark, or another intellectual property, permits a licensee to employ, make, or sell copies of the original. These agreemen

  • Q : Need Motivation Theory- Motivation -

    The need theories of work motivation attempt to determine what it is that motivates people at work. The content theorists are concerned with identifying the need/drives that people have and how these need/drives are prioritized. They are concerned with the types of incentives or goals that people

  • Q : PRINCE2 Processes PRINCE2 Processes :

    PRINCE2 Processes:A) Directing the project: conducted by senior managers/decision makers define the need for the project and the resources to be allocated B)

    Q : Endocrinology Name the hormones

    Name the hormones secreted by neurohypophysis? Describe their respective functions?

  • Q : Significance of water-nitrogen and

    Write down the respective significance of water, nitrogen and carbon for living beings?

  • Q : Number of cellular nuclei Specify the

    Specify the number of cellular nuclei does the pollen tube of the angiosperms have? Specify the ploidy of each of these nuclei?

  • Q : What is Proactive Leadership Proactive

    Proactive Leadership: It is a function, not a position. This is a composite of all of the skills a person exerts that influence and motivates others to think, say and do the right things to attain the worthwhile vision, leading operating values, missi

  • Q : Describe the term Hearing AID Explain

    Explain briefly the term Hearing AID? Also state its working in brief.

  • Q : Explain open circulatory system Explain

    Explain open circulatory system in brief?

  • Q : What is Multimedia Technology

    Multimedia Technology: This technology applies interactive computer elements, like text, graphics, video, sound and animation, to transport a message. When you have a knack for computer work and are fascinated in digital media, read on to discover car