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| Re: Minimum wage hike in DC costs lots of jobs (1371836) | |||
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Re: Minimum wage hike in DC costs lots of jobs |
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Posted by AlM on Tue Jun 7 09:56:17 2016, in response to Minimum wage hike in DC costs lots of jobs, posted by Dave on Tue Jun 7 09:39:40 2016. According to the report, just over half of the businesses surveyed said they planned to raise prices in order to offset the cost of a minimum wage hike. Thirty-five percent said they would likely reduce staffing levels and 37 percent said they would reduce employees’ hours or reduce the number of hours they were open for business. Thirty-one percent of businesses said they were very likely to hire more skilled workers in the future to offset the higher wage.Three of those five results are good things all around. |
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