Study: Majority of employers support minimum wage increases

More than 60% of employers nationwide believe the current $7.25 an hour federal minimum wage is too low

SPRINGFIELD, Mass. (WWLP)– Massachusetts workers will be seeing a $1 increase to the minimum wage starting January 1.

Over the summer, Governor Deval Patrick signed into effect a change that will have the state’s hourly minimum wage increase gradually; to $9 per hour starting in 2015, to $10 in 2016, and to $11 in 2017

Now, a new Careerbuilder.com survey found that more than 60% of employers nationwide believe the current $7.25 per hour federal minimum wage is too low. Nearly 30% say it should be up around the $10 mark.

More than 70% of the employers surveyed said that a minimum wage increase would improve the standard of living, but others fear it will cause issues for already struggling businesses, force layoffs, cause them to hire less, and force price hikes on their products.

Those in support of minimum wage increases argue it will improve consumer spending.

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