From 7. 25. The plan was unveiled in the president s state of the Union Address last night. And today it rekindled a nationwide debate of whether the measure would help or hurt workers and businesses, and the economy. Darren gersh reports. Reporter supporters of a higher minimum wage increase point to studies showing little impact on employment after the pay at the bottom of the job market goes up. One reason is that employers may actually come out ahead when they are forced to pay workers more. Productivity and Job Satisfaction improve and turnover falls. So employers get to reap the benefits of lower hiring and firing costs, lower turnover costs. Hiring and firing is actually very expensive to companies, so if you pay people a little higher wage, they have more job stability. Thats actually good for everyone. Reporter of course, were talking about economics, which means there are other studies that show a minimum wage hike is most likely to hurt those who need it most. Critics point
Is it the middle Class College students or is it poor adults . And i would be more nervous if it was the poor adults. Reporter so, if the evidence is mixed, changing the minimum wage is a bit of a risk. And for some, thats a reason to hold off. Im more comfortable doing it in a stronger labor market. More comfortable doing it if a fair amount of time has elapsed since the last time we did it. I would be comfortable waiting a few more years before doing this again, and then i would do it. Reporter indexing the minimum wage to inflation would eliminate the need for congress to continually debate the issue. The president favors that, but republicans think it doesnt make sense to put a bad idea on autopilot. Darren gersh, n. B. R. , washington. Susie president obama also used last nights speech to push for an increase in Cyber Security. His proposal set the stage for a fresh debate on the urgency for cybersecurity. The president made the case that americas power grid, Financial Institution
Students or is it poor adults . And i would be more nervous if it was the poor adults. Reporter so, if the evidence is mixed, changing the minimum wage is a bit of a risk. And for some, thats a reason to hold off. Im more comfortable doing it in a stronger labor market. More comfortable doing it if a fair amount of time has elapsed since the last time we did it. I would be comfortable waiting a few more years before doing this again, and then i would do it. Reporter indexing the minimum wage to inflation would eliminate the need for congress to continually debate the issue. The president favors that, but republicans think it doesnt make sense to put a bad idea on autopilot. Darren gersh, n. B. R. , washington. Susie president obama also used last nights speech to push for an increase in Cyber Security. His proposal set the stage for a fresh debate on the urgency for cybersecurity. The president made the case that americas power grid, Financial Institutions and air Traffic Control syste
Ride with some classic cars getting a second act thanks to what lies beneath. This is nbc nightly news with katcross the country right now. 61 million americans under threat of Severe Weather tonight, just within the last few hours weve seen tornadoes in the deep south, and at the same time snow is moving through the midwest and heading quickly toward the east coast tonight. That could mean a rough morning commute in places like boston and hartford on monday. Nbcs Tammy Leitner is in smith station, alabama, with more. Good evening. Reporter good evening, kate. Emergency Officials Say there are at least 14 people dead, numerous injured and extensive damage from when this tornado hit here earlier today. It hit midafternoon in eastern alabama. Part of a line of severe thunderstorms sweeping through the south. Forecasters warning take shelter. The sky turned dark and the tornado touched down, damaging homes and businesses near smith station alabama. Trees down, debris blown for miles. Anot
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