Yahoo Money: Election 2020: Florida joins growing list of states moving to $15 minimum wage

By Aarthi Swaminathan
Yahoo Money, Nov 4, 2020

Florida voted on Tuesday to increase its minimum hourly wage to $15, adding fuel to a growing national movement that aims to raise the federal minimum wage from $7.25 per hour. ...

“We are so excited that Floridians did the right thing, and voted for our economy,” Kristine Ownley and Leigh Anne Balzekas, co-owners of the Tampa-based The Disco Dolls Studio, told Yahoo Finance.

The company had campaigned for the $15 increase — along with several other business leaders [more than 160] — “because we feel that wages have been artificially depressed for a long time, while other costs have risen exponentially,” they explained.

The current wage, they added, “keeps workers at or below poverty level, and stunts economic growth for small businesses,” and ultimately, with the new wage, “there will be more money in our local economy, which is good for us all!”

Read more

Share +