Economic Impacts of Minimum Wage Adjustments

Topic: Economic Impacts of Minimum Wage Adjustments

Thesis Statement: Raising the minimum wage increases worker income and reduces poverty, while having a negligible impact on overall employment, considering automation trends and productivity gains.

Keywords: Minimum wage, worker income, poverty reduction, job losses, business profitability, economic impact, labour market, income inequality, a living wage, wage policy, employment effects, macroeconomic effects, social justice, wage legislation, economic inequality, workforce dynamics, business competitiveness, income distribution, employment trends, economic disparities, wage structure, labour market dynamics, income mobility, economic stability, corporate profitability, wage disparities, fiscal policy, social impact, wage negotiations, business operations, financial sustainability, wage levels, labour market equilibrium, social equity, economic consequences, wage adjustments, economic policy, financial well-being, employment opportunities, economic development, wage legislation effects, economic growth, policy implications, wage standards.

Boolean Search Phrases:

1. 1. Minimum wage AND worker income
   2. Minimum wage AND poverty reduction
   3. Minimum wage AND job losses
   4. Minimum wage AND business profitability
   5. Minimum wage AND economic impact
   6. Minimum wage AND labour market
   7. Minimum wage AND income inequality
   8. Minimum wage AND macroeconomic effects
   9. Minimum wage AND wage legislation
   10. Minimum wage AND workforce dynamics
   11. Minimum Wage and Business Competitiveness
   12. Minimum wage AND income distribution
   13. Minimum wage AND employment effects
   14. Minimum wage AND economic disparities
   15. Minimum wage AND wage structure
   16. Minimum wage AND labour market dynamics
   17. Minimum wage AND income mobility
   18. Minimum wage AND economic stability

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For the research paper, you will choose your topic (see “research paper requirements” lecture notes). This week’s assignment will help you to understand how to locate data that you will incorporate into your research paper. Before you begin to gather data for your research paper it is very important to identify a thesis statement or research question to develop keywords, so that you can effectively and quickly locate data. You will use these keywords AND boolean operators to search for data via the Monroe College Library and the Internet. View this video: https://youtu.be/_JHH8RgqJyI?si=CmspyTQD52HeeGTD for assistance on selecting the right keywords so that you will work smarter, not harder! Visit this website:

Economic Impacts of Minimum Wage Adjustments

https://owl.purdue.edu/owl/research_and_citation/conducting_research/searching_online/index.html (scroll down to slideshow, start on slide 13) to learn how Boolean operators work. A good research paper uses a variety of sources and students will need at least three scholarly journal articles for the research paper and four Internet sources. View this video: In order to get a better understanding of what makes an article scholarly.