Press Releases

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.

Small Business Owners Available to Comment on the July 24 Anniversary of Last Federal Minimum Wage Increase and Why a Raise is Right for Our Economy

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

This Tuesday, July 24, will mark the third year in a row without an increase in the minimum wage from $7.25. If the minimum wage had kept pace with the cost of living since reaching its highest value in 1968, it would be $10.55 today. There are proposals in Congress (Harkin and Miller) to raise the federal minimum wage from $7.25 to $9.80 in three annual steps and then adjust it for inflation. Business for a Fair Minimum Wage supported the last raise in the minimum wage and believes another increase is overdue.

Business Owners Welcome Minimum Wage Increase

Raising minimum wage will help economy, say national business leaders and small business owners from states affected by July 24 increase

Contact: David Lerner, Riptide Communications, 212-260-5000, news [at] businessforsharedprosperity.org

July 21, 2009, Boston, MA – Business owners across the nation are welcoming the July 24 increase in the federal minimum wage from $6.55 to $7.25. National business leaders and small business owners in states where workers are getting a raise say the increase will boost consumer buying power and promote economic recovery.

Hundreds of Business Leaders Tell Congress to Raise Minimum Wage

For Immediate Release: January 19, 2007

Contact: Mahdis Keshavarz, Riptide Communications, 212-260-5000

Washington, DC -- Business owners and executives across the nation are telling Congress that a $5.15 minimum wage hurts business, workers and the economy. The House passed a clean bill to raise the minimum wage. Now, it's the Senate's turn.