I recently read an article online discussing New York State's Assembly's plan to have hearings on raising the minimum wage in that state. 18 states already have minimum wages above the federal minimum.
If your business was to be affected by a state raising their minimum wage level, how deep would it hurt your business? Could it impact it to the point of layoffs?
For instance, New York's rate is the federal minimum of $7.25 and hour . If they raise it to $8.50 as the article said, that's a big jump. Good for workers but bad for the boss? Tell us how it would impact you.
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