Would raising the minimum wage and increasing the purchasing power of low-income workers boost spending and help the economy, or could it force employers to lay-off employees, stop hiring and actually impede economic growth?
Last month President Obama signed an executive order raising the minimum wage for federal contract workers to $10.10 an hour in 2015 and is urging Congress to raise the pay floor for all federal employees. Meanwhile state lawmakers here in Florida will consider a bill in the current session to raise the state’s minimum wage to $10.10 an hour.
We’ll hear from economic and employment experts as well as local business owners as we explore the pros and cons of raising the minimum wage.
