St. Louis Public Radio: Minimum Wage Goes Up In Missouri. But Is It Too Much Or Not Enough?
By Maria Altman
St. Louis Public Radio, Dec 30, 2014
Missouri’s minimum wage will go up 15 cents as of New Year’s Day.
The increase from the current $7.50 to $7.65 is the result of a 2006 ballot referendum tying the state’s minimum wage to the Midwest Consumer Price Index. It’s the second 15 cent increase in as many years.
The Missouri Retailers Association lobbied against the initiative eight years ago. ...
Yet some business owners see a minimum wage hike as good for their businesses and good for the economy. Lew Prince, the co-owner...