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Employee and Employer Relations

• Bloomberg

There is never a good time to raise the minimum wage. Just ask the people working in low-skilled jobs that are laid off as a result.

Now is a particularly bad time. Yet the federal minimum wage is scheduled to rise to $7.25 on July 24, the third step of a $2.10 increase enacted in 2007. In more than half the states, the minimum wage already exceeds the current national minimum of $6.55 an hour.

 

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