Posted on 12/26/2011 2:01:07 PM PST by Libloather
Wage Floor Is Increasing in 8 States in New Year
By CATHERINE RAMPELL
Published: December 23, 2011
Eight states will ring in the New Year with a higher minimum wage, under state laws that require wage floors to keep apace with inflation. San Francisco, one of the few cities that sets its own minimum wage above the federal level, is also raising wages for the lowest-paid workers in the new year. It will become the first big city in the country to require companies to pay their workers more than $10 an hour.
The minimum wage increases in Arizona, Colorado, Florida, Montana, Ohio, Oregon, Vermont and Washington will be 28 cents to 37 cents an hour, according to the National Employment Law Project. That is an extra $582 to $770 a year for a full-time minimum wage worker, and resets these states minimum wages to $7.64 to $9.04 an hour.
At that higher end is Washington State, which will become the first state in the nation to set its minimum wage above $9 an hour. For reference, the federal wage floor for most workers is $7.25 an hour.
(Excerpt) Read more at nytimes.com ...
It was included in my original post.
Increasing Minimum Wage Helps Working Families
CHRISTINE L. OWENS is a big fan. (I wonder if she's a union member.)
Yes it does..."working families" is code for union thugs.
SOME UNION CONTRACTS ARE TIED TO THE MINIMUM WAGE!!!
I think you can take it to the bank that the SEIU and other government unions were all over this bill lobbying for its passage.
You just have to read between the lines.
coming soon, $30 pizzas.
Or H) decrease the amount of taxes I have to pay.
...and lower pizza sales, more automation at fast food restaurants, and higher unemployment.
For all conservative initiatives, the Times and similar outlets always insert a “critics charged” paragraph in there to let you know that it’s “controversial”. For lefty/Democrat inititatives like this one, there’s never a “critics charged” paragraph.
It “helps” to increase unemployment.
I’m voting G.
Horse hockey.
Price controls (which is the class of law to which the minimum wage belongs) ALWAYS distort the market, and NEVER have good long-term ramifications. You always get more of what the government subsidizes (sloth) and less of what it penalizes (business hiring).
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.