How Raising Minimum Wages Hurts U.S. Employers

[Revmitchell]

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

 

[Crabtownboy]

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

Do some real research Rev. Your statement has been proven over and over to be untrue.

 

[Revmitchell]

Do some real research Rev. Your statement has been proven over and over to be untrue.

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.