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Some say increasing minimum wage could result in loss of jobs, closure of businesses


Some say increasing minimum wage could result in loss of jobs, closure of businesses
“It has a ripple effect, it s not just raising one number and that s it.“
and last updated 2021-02-25 17:25:46-05
BAKERSFIELD, Calif. — The current federal minimum wage is $7.25, here in California it’s $14.00 an hour, meanwhile, president Biden is pushing for $15.00 an hour, this comes as many people have to work multiple jobs to pay their bills under the current federal minimum wage, but others say that increasing it would result in a loss of jobs and businesses.
On the surface, you d go well you give people more money an hour, they re gonna have more money, that s going to help them in life, we re all better off for it. If it were that simple that would be great.” ....

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