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Tuesday, February 01, 2011

Not Now For Minimum-Wage Hike

It's not a good idea to suggest anything that will hinder job creation in an environment where the unemployment rate is hovering at 7.4 percent, as it is in Maryland.

It is for exactly that reason that Montgomery County Democrat Sen. Rob Garagiola's otherwise laudable proposal to increase the state's minimum wage should be shelved.
 
Garagiola proposes incrementally increasing the state's $7.25 per hour minimum to $10 by 2013, then linking future raises to the consumer price index beginning in 2014.
 
While we don't agree with the business community that a minimum-wage increase is a job killer, we can see how it will delay any decisions to hire.
 
Our lawmakers should focus on job creation and search out ways to encourage businesses to begin hiring again.

Employers are painstakingly aware of the cost of a worker, including salaries, benefits and taxes. They are thinking long and hard before hiring more bodies.

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1 comment:

Anonymous said...

any employer worried with the minimum is very unlikely offering benefits