$15 Minimum Wage Wreaking Havoc on NY School Budgets

A proposal to enact a $15 minimum wage in New York could cost state school districts $276 Million, according to a report released Friday. The findings were released by the New York State Association of School Business Officials. The report found the minimum wage proposal would cost school districts at least $276 million, according the Associated Press. The increased costs would be a result of 30,000 school employees getting higher wages. The increased costs will have a profound financial impact Read more […]

Group Advocating $15/hr Minimum Wage only Pays $12/hr!

An advocacy group out of Modesto, Calif. pushing for a $15 an hour minimum wage posted a job ad Thursday offering to pay $12 an hour. Below what it is demanding others pay their workers. The Craigslist post was for a job opening at the local Fight for $15 campaign. On the national level, the organization has spearheaded the push to raise the minimum wage to $15 an hour. The post was signed by Steven Applebaum who lists his affiliation with the Modesto Fight for $15 campaign. “Do you make Read more […]

Restaurant Industry May be Hardest Hit By Increasing the Minimum Wage

Raising the minimum wage will have severe consequences, especially for those working in the restaurant industry, investor rating service Moody’s warned on Thursday. “A higher minimum wage represents a particular challenge for restaurants, which depend heavily on hourly workers,” William Fahy, vice president and senior credit officer for Moody’s, said in a statement. “But restaurant operators will have a tough time passing higher labor costs onto customers without negatively impacting Read more […]