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Minimum wage increases aren't a job killer: Small business survey

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Actually, minimum wage increases aren't a job killer. (via CNBCMakeIt)

, specifically — few small business owners are complaining about the wage boost. Perhaps more significantly, even those who expect a business impact thanks to the change only rarely say they will cut headcount as a result.

The states implementing minimum wage increases in 2020 are a true cross-section of the country, representing every region and political leaning. Florida's was the smallest dollar-value increase: a tiny 10-cent bump from $8.46 to $8.56. Washington state had the highest dollar-value increase — a $1.50 boost from $12 to $13.50 — tied with New Mexico's increase from $7.50 to $9.

The percentage of business owners who say they may be forced to cut workers or reduce hours are the same regardless of whether a small business owner is based in a state with or without a 2020 minimum wage increase. Past CNBC/SurveyMonkey Small Business Survey results have shown that in a tight job market and a strong economy, small business owners are going to extreme lengths to attract and retain good workers.

 

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MakeIt These aren't facts lol

MakeIt no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no Even

MakeIt 2118 sample size. Hardly an accurate sample.

MakeIt No it's not, and it's called 'social progress'...

MakeIt ☦️🛐

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