Monday, January 12, 2009

Minimum Wage Boosted, Low Wage Workers Hardest Hit

Colorado's 26 cent increase in the minimum wage has sparked a boost in prices at grocery stores and gas stations as employers attempt to recoup the cost of the higher wages they must now pay their entry-level employees.
As a result, many minimum wage workers can no longer afford the groceries they sack, nor the fuel dispensed at the convenience stores where they work.
Democrats who pushed the minimum wage hike through Congress last year, said they plan to address the problem by requiring retailers to raise their prices so they can afford to pay their workers enough to buy the pricier products, Colorado Democrats are expected to follow suit.

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