HuffPo: Six Ways A $12 Minimum Wage Would Boost the Economy

“After the D.C. Council approved a bill that requires large retailers to pay their workers a “living wage” of $12.50 — and  Walmart retreated from the capital in protest — we thought it’d be worth considering what that requirement could do for the economy.

A report from non-partisan public policy center Demos released in 2012 looked into the effect of large retailers raising wages to pay the equivalent of $25,000 per year, or $12.25 per hour, for full-time, year-round workers. The study revealed that the wage hike could benefit not only workers, but also retailers and the economy at large.”

http://www.huffingtonpost.com/2013/07/21/12-minimum-wage-large-retailers_n_3623619.html?utm_hp_ref=business

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s