Reply to Help me understand the impact of a $15 minimum wage?

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[quote=Anonymous][quote=Anonymous]Less than 2 percent of hourly workers in the U.S. are paid the $7.25 minimum wage or less. Most employers, even most retail, food, and service businesses, already know they have to pay more than the current minimum wage to recruit and retain good workers. Businesses that insist on paying the minimum wage complain that they have high employee turnover and spend a lot of their time hiring and training new employees, but they are too stupid and/or too cheap to pay a little more to keep their productive workers.

The main effect of the minimum wage increase would be for those currently making $10 to $15 per hour. That is a much larger segment of wage earners than the minimum wage workers. The $10 to $15 group is full of women who are underpaid for the quality and responsibility of the work they perform. [/quote]

Yes. I think I saw 42% of workers earn less than 15 an hour...

Which is why we need to raise the minimum wage.  That’s a recipe for decay. [/quote]

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