economyYou are a member of a city council in Ohio. The population of this town is approximately 150,000. As budget season approaches, the council has found an opportunity toattach a proposed $1.00 increase in the minimum wage to another bill. The economic recovery has been generally better in Ohio than the rest of the United States, butnot optimal. Unemployment currently stands at 5.6% in Ohio compared to 5.9% for the United States. For your city, the unemployment rate stands higher than the US andOhio average at about 6.5%, largely due to a decline in manufacturing jobs during the last recession.You notice that inequality in your town is also increasing. The economic recovery has largely benefited certain industries over others. Manufacturing is slowly comingback thanks to new investments by the Big Three automotive companies, but hiring and wages in the services sector have stagnated. Overall per capita income in the cityhas largely flat lined and not kept pace with inflation.The Ohio minimum wage is $7.95. This would bring the city minimum wage to $8.95. The city council has been in communication with a few retailers to bring 1,000 morejobs to the city, but they are highly concerned about the minimum wage increase. Indeed, one retailer that promised 250 of the 1,000 jobs has threatened to leave thecity if the minimum wage is raised.Your job is to decide as a council if the minimum wage has been increased. Please provide a two paragraph explanation why. Please feel free to provide real lifeevidence of the state of the US economy to back up your decision.Order for your custom written PAPER now!
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