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the minimum wage was pushed by three factions each had their distinct purpose although there was quite a bit of overlap among them the first faction consisted of progressives who believed that a minimum wage would raise the living standards of the poorest americans this group was the most economically naive
Youth Minimum Wage Federal law (and some state laws) allow employers to pay a lower minimum wage to employees under twenty years of age. This lower wage rate is sometimes called a training wage or youth minimum wage. Federal law sets this lower minimum at $4.25 per hour, but this lower wage may be paid only for the first 90 days of employment, and an employer may not do anything that displaces one worker who is paid more in order to pay another worker the lower wage. Employees Who Earn ...