Philadelphia business owners react to proposed $15 an hour minimum wage hike
WPVI
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PHILADELPHIA (WPVI) Business owners in the Philadelphia region have been giving a lot of thought to the possibility of minimum wage increasing to $15 an hour. Food costs are going to go up and customers are not going to be coming out to be buying food. It s a lot, $15 an hour, said Christopher Stamoulis, the manager at City Line Pizza in Philadelphia.
Presently, the federal minimum wage is $7.25 an hour, which has not changed since 2009. Under the Raise the Wage Act of 2021, if passed, the minimum wage would increase to $15 an hour by June 2025.