Henry Rogue
Member
- Joined
- Aug 17, 2011
- Messages
- 4,684
Likely outcome for this area, higher unemployment.
Tuesday's off-year general elections include races for governor, mayor and state legislatures. But two special ballot initiatives to raise the minimum wage—part of a growing effort across the country to increase it—may be the most watched by businesses.
Voters in the small town of SeaTac, Wash., will decide if workers around the Seattle-Tacoma International Airport will have a minimum wage of $15 an hour. The state of Washington already has the highest minimum wage of any state at $9.19 per hour.
http://www.cnbc.com/id/101171531And voters in New Jersey will decide if their minimum wage should be $8.25 an hour, one dollar over the federal minimum wage. The measure would also include automatic annual adjustments for inflation, called "indexing."
States and cities cannot set a minimum wage lower than the federal standard—currently at $7.25 an hour— but they do have the power to raise it above the federal mark.

