Minimum Wage Told Ya So
Well, I didn’t predict it of my own volition, but many economists did. Remember how raising the minimum wage would make a difference to “working families,” whatever that means? Well, in Arizona at least, it’smaking a difference to the people who actually earn minimum wage, teenagers. Here’s your link.
Companies maintain the new wage was raised to $6.75 per hour from $5.15 per hour to help the breadwinners in working-poor families. Teens typically have other means of support.
Mark Messner, owner of Pepi’s Pizza in south Phoenix, estimates he has employed more than 2,000 high school students since 1990. But he plans to lay off three teenage workers and decrease hours worked by others. Of his 25-person workforce, roughly 75 percent are in high school.
“I’ve had to go to some of my kids and say, ‘Look, my payroll just increased 13 percent,’ ” he said. ” ‘Sorry, I don’t have any hours for you.’ “
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