The minimum wage: a) Is usually about 75 percent of the average wage earned in manufacturing, b...
Question:
The minimum wage:
a) Is usually about 75 percent of the average wage earned in manufacturing,
b Raises the wages of highly skilled workers,
c) Encourages master workers to take on apprentices,
d) Has its greatest impact on teenage unemployment.
Teenage unemployment
Teenage unemployment is considered as the extents of unemployment prevailing for the teenage workers, whose age dimensions lie between 15 and 24 years. The primary reason for this unemployment is the increase in qualification credentials, minimum wages, and so on.
Answer and Explanation: 1
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View this answerd) Has its greatest impact on teenage unemployment
The teenage workers bear the costs of minimum wages. It is because irrespective of the extents...
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Why the Unemployment Rate Decreases and Increases
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Chapter 6 / Lesson 2
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Unemployment rates are an important indicator of the economy. This lesson will explore what defines unemployment, why unemployment rates change, the way unemployment is calculated, and look at the three types of unemployment.
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