Kills jobs. Bad for business. Hurts the economy.
Wesley Tharpe is a senior policy analyst at the Georgia Budget and Policy Institute.
Min. wage hike: Job creator or crusher?
By Rick Badie
President Barack Obama has called for a federal minimum wage of $10.10 an hour as a standard for new federal contracts, but fast-food workers and other low-income earners want their pay raised to $15 an hour. Federal law requires most employers in Georgia pay at least $7.25 per hour. Debate regarding the economic consequences of a wage increase continue as does the labor movement’s push for an increase.