- Sep 12, 2012
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Twenty-four states are poised to raise the minimum wage via yearly installments until they reach $15 an hour. I live in NJ and  this is exactly what we are doing. TBH, $15 an hour isn't much money, but at least it's a step in the right direction. What will be interesting is to see if this pushes NJ to self serve gas or not. $15 might be too much money to pay someone to pump gas. The place that i go to get gas has 2-3 attendants. Or, maybe not? Also, what will happen to large businesses like Walmart and McDonald's. Will they user bring in self automation more quickly so they can off set the costs? Will they lay off say 20% of their workforce so they can save money? And, what about the mom and pop stores? Will they be able to pay their staff $15 an hour? What about benefits like health insurance? Will most companies omit health coverage because $15 an hour is having a negative impact on their bottom line? IMO, much of how business reacts to this is going to largely depend on the economy. If we are going thru a recession it's going to be a very difficult process. If the economy is doing well I think the transition will be easier. Thoughts?
	
	
		
			
				
					
						 
					
				
			
			
				
					
						
							 www.cnn.com
						
					
					www.cnn.com
				
			
		
	
			
			 
					
				24 states will raise the minimum wage in 2020
Workers rejoice. The minimum wage is set to go up in 72 US jurisdictions in 2020. The increases will be in 24 states and 48 cities and counties.
				 
				
		 
			 
 
		 
 
		 
 
		 
 
		 
 
		 
					
				 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		
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