Friday, January 05, 2007

minimum wage increase

A good majority will look at this and say "this is great!" But is it? In my area part time jobs are the norm.  A good majority of workers on many jobs work part time.  There are only two places in my town that offer full time employment.  The next largest city close to me has the same thing.  Part time jobs are rising, and if the wage goes up, I expect to see a increase in part time positions.  I do not know all the reasons behind this, but the biggest reason I believe I see this happening is because of the cost to run a business.  You either cut back on employees, to lower the insurance premiums you are dishing out, or you offer part time employment, with no insurance.  Maybe someone else has other bright ideas about this.  But none of the part time jobs had insurance benefits.  So I suspect many more jobs will become part time, with less full time employees that are insured.  The wage increase is great to have, only if you can put the hours in, and be insured.  What good is it if they cut your hours, and you loose your insurance?

"If it takes adding small business tax cuts to have a minimum wage increase, then we'll do that," new Majority Leader Harry Reid of Nevada said emerging from a private meeting of Senate Democrats in the Library of Congress.

The Senate strategy would differ from the House approach, where Democrats are pushing through a minimum wage increase next week without any extra provisions. The proposal would raise the minimum wage from $5.15 an hour to $7.25 an hour over about two years. The last increase in the minimum wage was in 1997."

Read more here: Minimum wage offer interests Democrats

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