$15 minimum wage advocate from Vermont Sustainable Jobs Fund admits job losses likely
Kahler suggested that if Vermont’s small business owners were just smarter and worked harder they could afford the proposed massive increase in wages.
Kahler suggested that if Vermont’s small business owners were just smarter and worked harder they could afford the proposed massive increase in wages.
Workers from various fast food chains as well as other restaurants across the U.S. spent their labor day on strike demanding a $15 an hour minimum wage.
If some legislators get their way, Vermont will adopt a $15 minimum wage as soon as Jan. 1, 2019.
The market equilibrium minimum wage — which allows employers to attract workers — is about $11 per hour. The proposed $15 minimum marks a 30 percent increase in what is many employers’ biggest expense.