Press Releases

Large Majority Of Small Businesses Favor Minimum Wage Increase In New National Poll

Employers Across Political Spectrum Say Raise Would Boost Business and Help Economy

Contact: Bob Keener, 617-610-6766, bobkeener@businessforsharedprosperity.org

April 24, 2013, Washington, DC – In contrast to their conventional portrayal, small business owners overwhelmingly favor increasing the federal minimum wage, currently $7.25 an hour, according to a scientific national poll released today. The minimum wage was last increased in 2009.

New York State Business Leaders Back Minimum Wage Increase

Launch sign-on letter calling for at least $8.75, then indexed to inflation

For Immediate Release: February 7, 2013
Contact: Bob Keener bobkeener@businessforsharedprosperity.org 617-610-6766

NEW YORK— Business leaders across New York Thursday called on lawmakers to raise the minimum wage to at least $8.75 and then adjust it annually for the cost of living. The U.S. Women’s Chamber of Commerce, the Greater New York Chamber of Commerce, ABC Home and Capital District Local First were among the businesses and business organizations that announced their support for the minimum wage hike, contending it will benefit businesses, workers and the state economy.

Small Business Owners Urge Minimum Wage Increase As July 24 Marks Three Years Without Raise

Contact: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766

With Tuesday, July 24, the anniversary of the last federal minimum wage increase in 2009, small business owners say another raise would be good for business and our economy. At $7.25 an hour, the current minimum wage comes to just $15,080 a year for full-time work. Today’s minimum wage workers have far less buying power than their counterparts did in 1968 when the minimum wage was at its highest value of $10.55 adjusted for inflation. There are proposals in Congress to raise the minimum wage to $9.80 by 2014 in three modest annual steps and then adjust it for the cost of living. Business for a Fair Minimum Wage members supported the last increase in the minimum wage and believe another raise is overdue.