61% Of Small Businesses Support $10.10 Federal Minimum Wage In New National Poll
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, bob@businessforafairminimumwage.org
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.