Minimum-Wage Laws Are One Reason There Is Always Some Unemployment

question 224

True/False

Minimum-wage laws are one reason there is always some unemployment in the U.S. economy.

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Definitions:

Domestic Service

Employment within a household, typically performing tasks related to cleaning, cooking, and home maintenance.

Fair Labor Standards Act

A United States law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work more than forty hours a week. It also prohibits most employment of minors in "oppressive child labor."

Overtime Payments

Compensation required by law for employees who work longer than the standard workweek, often at a higher pay rate.

Minimum Wage

The lowest legally permissible amount of money that workers can be paid by employers for their labor, determined by law or contract.