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How Raising Minimum Wages Hurts U.S. Employers

Discussion in 'News & Current Events' started by Revmitchell, Feb 26, 2013.

  1. Revmitchell

    Revmitchell Well-Known Member
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    by Arnold Anderson, Demand Media

    As of publication, the federal minimum wage was $7.25 per hour. Each state can enact its own minimum wage laws that will supersede the federal minimum wage, but only if the state's minimum wage is higher than the federal. A rise in the federal minimum wage can cause problems for American employers that can lead to layoffs, budget cuts and other financial changes.

    Labor Costs

    Pricing

    Non-Profit Organizations

    International Competition

    http://smallbusiness.chron.com/raising-minimum-wages-hurts-us-employers-11744.html


    References (6)

    Balanced Politics; Should the Minimum Wage be Abolished?; Joe Messerli; May 2011
    Employment Politics Institute; Raising Minimum Wage Hurts Connecticut; Kristen Lopex Eastlick; January 2010
    US Department of Labor Wage and Hour Division; Minimum Wage Laws in the States; January 2011
    US Department of Labor; Wage and Hours Worked: Minimum Wage and Overtime Pay
    US Chamber of Commerce: Minimum Wage
     
  2. Crabtownboy

    Crabtownboy Well-Known Member
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    Do some real research Rev. Your statement has been proven over and over to be untrue.
     
  3. Revmitchell

    Revmitchell Well-Known Member
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    First I did not make the statement bus since you once again you failed to read the op and then responded with Obama like ideology and no real thought. you have made a foolish statement. I am used to it though.
     
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