@ISIDEWITHQuestionseconomyStarted 13yrs agoActive 9mos ago

Should the government raise the federal minimum wage?

In 2014, the government raised the minimum wage by 6.78 percent to 724 reais per month in 2014. Opponents argue that the hikes have outpaced the levels of productivity, fueled inflation and raised government payrolls as deficit swell. Proponents argue that higher wages lead to economic growth since the workers who make minimum wages typically spend their entire income.

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Answer Overview

Response rates from 20k Rio de Janeiro voters.

75%
Yes
25%
No
57%
Yes
20%
No
9%
Yes, and make it a living wage
2%
No, this will only cause prices to increase in a never ending cycle
8%
Yes, and adjust it every year according to inflation
1%
No, and eliminate all wage standards
1%
No, most minimum wage jobs are meant to develop experience, not support a family

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Trend of support over time for each answer from 20k Rio de Janeiro voters.

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Other Popular Answers

Unique answers from Rio de Janeiro voters whose views went beyond the provided options.

 @9LKWCYQfrom Alabama  answered…9mos9MO

Yes, but it should only be raised for large corporations, but allow small businesses to have tax exemptions/incentives to keep prices down and businesses afloat to deal with potential inflation woes.

 @Moutlesanswered…11mos11MO

No, instead it should focus in decreasing inflation and increasing the real value of the minimum salary and the purchase power of the Real.

 @9J5WRJMfrom Virgin Islands  answered…12mos12MO

No, the government should try to increase the real value of the minimum wage by reducing inflation and avoiding increasing the nominal value for electoral purposes..

 @8PCR53Sanswered…4yrs4Y

Yes, but only when the informal jobs are dropping.

 @99YHSG4answered…2yrs2Y

Games and family voilance of wages without the empirical nat youth of dryotr yours sincerely decrease

Latest News

Stay up-to-date on the most recent “Minimum Wage” news articles, updated frequently.

 @M0derateImpala from Minnesota submitted…7mos7MO

Companies Cut Worker Hours After California’s $25-an-Hour Minimum-Wage

California's budget deficit has ballooned to $45 billion. Mr. Newsom projects that the new healthcare minimum wage would cost the state $4 billion more a year owing to higher Medicaid costs and compensation for workers at state-owned facilities. Legislative analyses warned about these costs, but Mr. Newsom signed the law anyway.California’s current minimum wage for all workers is $16 an hour. Nearly all workers at healthcare facilities including janitors will have to be paid at least $25 an hour by 2028.California’s wage minimums are another illustration of how progressive mandates boomerang. Average weekly earnings for leisure and hospitality employees in California have declined by 2.6% over the last year owing to a steep drop in hours worked. By contrast, those average weekly earnings rose 3% nationwide, 3.2% in Florida and 5.2% in Texas.California’s wage minimums are another illustration of how progressive mandates boomerang. Average weekly earnings for leisure and hospitality employees in California have declined by 2.6% over the last year owing to a steep drop in hours worked. By contrast, those average weekly earnings rose 3% nationwide, 3.2% in Florida and 5.2% in Texas.Average hourly earnings for California leisure and hospitality workers have also increased more slowly—2.1% compared to 3.8% nationwide—no doubt partly because the state’s softer labor market has reduced competition for workers.When government raises wages above what the market commands, employers will increase prices and reduce labor. California, QED.