Wage wars: weighing an increase to minimum wage
February 14, 2013. Inc. Magazine says that the data is mixed, but a minimum wage increase may not be as bad for business as you think. The story written by Jeremy Quittner is excerpted below. Still, many economists and public policy advocates argue that in states where minimum wage is higher than the federal mandate, the economies fare better than in states where businesses stick to the federal minimum wage, which is currently not indexed to inflation and hence forces some workers to live below [...]