Write an argumentative essay for setting long-term goals to land a dream job.

The national minimum wage was introduced in the UK in April 1999 by  

the Labour government. Essentially it formed a major part of their  

manifesto as it convinced the average population that Labour were  

beneficial for everybody. However, they would argue against classical  

economics and suggest there are wide spread benefits to be gained.  

The main argument is that the NMW would alleviate poverty across the  

country. This is an equity issue that has constantly concerned society  

and would go some way to redistribution of income. It is a social  

belief that if every one is 'well off' and lives above the poverty  

line, there will be positive social externalities for all. For  

example, those living in poverty are usually more susceptible to  

disease due to poor living standards. This in turn costs the taxpayer  

money through NHS treatment. Paying those on the low wages higher will  

help prevent this and the formation of many large impoverished areas,  

which tend to develop law and order problems like Tower Hamlets,  

London. At the time of introduction the rate was set at £3.60 and  

affected 2million workers, around 9% of the workforce at the time. The  

Labour government would use these figures to support the introduction  

of the NMW and evidence that it works.  

The UK did not have a large unemployment issue at the time of  

introducing the legislation and the figure has been around 1 million  

for a few years. However to increase the nations overall allocative  

efficiency (approach a national PPF) full employment and utilisation  

of the labour factor is needed. There is truth in the economic  

principle of parties acting rationally and wishing to maximise th...

... middle of paper ...  

...try of information means this is  

unlikely, it is still a possibility it could raise business costs.  

The effect on public sector finances could be negative. The  

unemployment created will increase the number of people on benefits.  

Further more the government will have to abide by it's own  

legislation, and increase wages in the public sector. Overall  

government spending will increase.  

In conclusion the NMW is not ideal for the UK economy. It has had  

limited success in reducing unemployment however if it was at a higher  

level, it could prove highly detrimental to business and consumers..  

Inflation rates have shown little change as well as long-term  

unemployment figures. Most importantly is the fact that the people  

that the NMW aims to help will be most negatively affected if we are  

to believe classical economics.

Explanation:

Describe what job you have chosen for life and go on to describe it, what you do in it, etc. Write the goals/work you need to do in your job and how you will get it. Good luck!

Explanation:

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