Write a 3-4 (not including cover page, Reference list and Summary or conclusion ) page APA research paper on minimum wage, specifically how different minimum wage laws across U.S. cities and states af
Title: Minimum Wage Laws on Local Economies
Introduction
Capture the reader's interest: Relevance of minimum wage debates
Build case through logic: different laws affect employment and businesses
Topic sentence/thesis statement: Minimum wage laws significantly shape local economies by influencing employment rates, business operations, and community spending, necessitating a careful approach that balances the needs of workers and employers.
First main point: Employment rates and Job creation
Support: Higher wages can encourage workers to give more effort
Example- Low wages
Example- stable employment in higher wage
Counterpoint: Job loss for unskilled workers.
Support: Fewer jobs opening
Example- Retail has few entry-level jobs
Example- Younger people won't seek employment
Second main point: Business operations
Support: Businesses use more technology so less people are needed
Example- fast food locations use self-service kiosks
Example- spending on technology to save money on staff
Support: Adjust prices of products to cover higher expenses
Example- restaurants increase menu prices
Example- prices increase so customers will decrease
Third main point- Economic Impact on Local Communities
Support- wage increase means more spending
Example-Seattle's $15 minimum wage led to increase of spending
Example- San Francisco saw sales growth in restaurants
Counterpoint: Struggling with higher cost
Support: cutting hours and jobs
Example-businesses reduced workforce after wage increase.
Example- fast food outlets closed due to rising costs
Conclusion
Restate topic: Summary of the impact of minimum wage laws.
Summarize your three main points: local economies, employment rates, and business operations
Tie all ideas together: Fair Policies for both workers and businesses.