Law Offices of Dan A. Atkerson

Could Raising the Minimum Wage Decrease Employment?

May 10, 2017 @ 01:00 PM — by Dan Atkerson
Tagged with: Living Wage Wage And Hour Claims

Many states are now passing legislation to raise minimum wages. Previous minimum wages are not matching the inflating cost of living in the United States. Minimum wage increase faces heavy opposition from many politicians who argue that raising it will eliminate many low paying jobs. Recently, Arizona raised their minimum wage from $8.05 to $10, and are reporting an increase in low-skilled labor in the service industry almost 6 times greater than the rest of the economy. While Arizona and other states are in the beginning stages of minimum wage increase policies, seeing an increase in employment is a step in the right direction for employee rights and silencing opponents of the increases. In Texas, the minimum wage is $7.25, and making any less than this is illegal.

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