By Victor Williams
New York Weekly, January 5, 2023
Minimum wage: A new year has begun, and news emerged that workers would receive a higher minimum wage this year. Workers in more than half of all states have been calling for higher wages for years, as the federal minimum wage has remained the same since 2009: $7.25 per hour. ...
Holly Sklar, the CEO of Business for a Fair Minimum Wage, said that raising minimum wages can also increase consumer demand.
As a result, local economies will be able to recover.
“Putting needed raises in minimum wage workers’ pockets [is] really the most efficient way you can boost the economy,” said Sklar.
“Those are the people who have to go right back around and spend it.” ...