Here are all the resources to answer the questions also make sure to add thoughtful
reflection.
1.) “What Harm do Minimum Wages Do?”, The Economist, August 15, 2020.
Youtube and/or read. The Economist: On Minimum Wages Aug 2020
2.)Bureau of Labor Statistics (BLS): Florida at a Glance: website: https://www.bls.gov/eag/eag.fl.htm
3.)Bureau of Labor Statistics (BLS): Characteristics of Min Wage Earners: Feb 2021: Min
Wage Workers 2020
4.)Optional Read: “Should the Federal Minimum Wage Be Increased?”, BritannicaProCon.org, May 9, 2019.
Use the Economist article or youtube videos to answer:
1.) Explain the traditional argument Economists use against an increase in the minimum wage?
2.)The Economist article claims this argument is not supported by research evidence.
Explain what evidence they say refutes this and why.
3.) This author says increases in the minimum wage disrupts the Labor market
depending upon…highlighted in article. Name them. Do you agree?
Use the BLS bulletins to answer:
4.) How many hourly workers are in the US Labor Force?
What is the current Federal min wage?
How many US employees currently earn at or below minimum wage?
How many of these workers reside in Florida? (see table 3 – hot link in bulletin)
5.) Unemployment:
a.) What is the State of Florida’s unemployment rate?
b.)What is the unemployment rate in Orlando-Kissimmee-Stamford?? (link below Florida
data table)
c.) How many are currently employed in Florida’s Leisure sector?
d.) What is the highest number ever employed in this sector? (click on graph icon by sector and see data table – years 2019 and 2020)
