With over half of the states having a higher minimum wage than the federal minimum, it may feel like small businesses are being squeezed.
According to the U.S. Department of Labor, two-thirds of minimum wage earners are in the service industries, a full 44 percent in food service. Two-thirds are part time workers, and half are under 25 years old.
I say all of this not to opine on minimum wage requirements (I’m against them), but rather to give you context for understanding who minimum wage laws actually impact.
Why a $15 per Hour Minimum Wage May Not Be All Bad
Posted by lyceum under Employee BenefitsFrom http://smallbiztrends.com 3238 days ago
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