Employers Are Less Partisan than Congress, Saying that Higher Minimum Wage Would Boost Consumer Demand, Reduce Turnover, Increase Productivity and Improve Customer Satisfaction
FOR IMMEDIATE RELEASE: July 10, 2014
CONTACT: Bob Keener, 617-610-6766, email@example.com
Washington, DC – Small business owners with employees strongly favor raising the federal minimum wage to $10.10 and adjusting it to keep up with the cost of living in future years, according to a scientific national opinion poll released today. Small business owners are considerably less partisan than Congress in weighing the issue. The federal minimum wage has been set at $7.25 an hour since it was last increased five years ago in July 2009.
A striking 61% of small business employers support increasing the federal minimum wage in three stages over two and a half years, and then adjusting it annually to keep pace with the cost of living.