Changes

Jump to navigation Jump to search
1,042 bytes added ,  15:35, 8 February 2016
===Increase minimum wage?===
*Nonpartisan Congressional Budget Office says there are tradeoffs
**Compared raising the minimum wage to $10.10 and to $9.00. Under the '''$10.10 scenario, there would likely be a reduction of about 500,000 workers across the labor market, as businesses shed jobs, but about 16.5 million low-wage workers would see substantial gains in their earnings in an average week.''' Under the '''$9.00 scenario, the labor force would see a reduction of 100,000 jobs, but an estimated 7.6 million low-wage workers would see a boost in their weekly earnings'''. [http://www.cbo.gov/sites/default/files/cbofiles/attachments/44995-MinimumWage.pdf (CBO)]
*A Purdue University study released in July 2015 suggests that paying fast-food restaurant employees $15 an hour could lead to higher prices. Prices at those businesses could increase by an estimated 4.3%, according to the report. [http://www.purdue.edu/newsroom/releases/2015/Q3/study-raising-wages-to-15-an-hour-for-limited-service-restaurant-employees-would-raise-prices-4.3-percent.html (Purdue)]
==Healthcare's impact on business==
Anonymous user

Navigation menu