Why the hell does government have to stick its nose in stuff like this? Eventually, the ones who are always hurt are the little people who struggle to just get by.
“Nearly half of employers surveyed had already taken one of these steps—suggesting that 2014-16 minimum wage increases haven’t been absorbed through higher prices alone.”
Thirty-five percent said they would likely reduce staffing levels and 37 percent said they would reduce employees’ hours or reduce the number of hours they were open for business.
One in five businesses said they would move out of the District of Columbia and into Arlington, Virginia where the minimum wage is $7.25 per hour.
Story w/links @ Half Of Washington DC Employers Have Cut Jobs, Hours Due To Minimum Wage Increases - And It's Going To Get Worse | Zero Hedge