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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (498153)	7/25/2009 11:07:58 AM
From: longnshort	Read Replies (1) of 1572946

Minimum Wage Hike Could Threaten Low Earners’ Jobs breitbart.tv AP: A federal minimum wage increase that takes effect Friday could prolong the recession, some economists say, by forcing small businesses to lay off the same workers that the pay hike passed in better times was meant to help. The increase to $7.25 means 70 cents more an hour for the lowest-paid workers in the 30 states that have lower minimums or no minimum wage. It also means higher costs for employers who feel they've already trimmed all their operating fat.

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