Min wage hike hurts jobs says study - 13abc.com Toledo (OH) News, Weather and Sports

Min wage hike hurts jobs says study

Posted: Updated:

A report by Congress' nonpartisan budget analysts seems to have thrown Democrats onto the defensive.
    
That's because the study by the Congressional Budget Office concluded that Democrats' drive to boost the federal minimum wage could cost a half-million jobs by 2016.
    
The budget office report was released Tuesday. It had findings that President Barack Obama and congressional Democrats hailed, like concluding that their proposed gradual increase to $10.10 hourly by 2016 would boost pay for more than 16.5 million people.
    
They also welcomed its estimate that the proposed increase would lift 900,000 people out of poverty.
    
But Democrats said the report's finding that a half-million people would lose jobs was inaccurate.
    
They say the wage increase would not hurt employment. Republicans have long labeled the proposal a job killer.

  • Top StoriesMore>>

  • BREAKING NEWS

    Arrest made in East Toledo kidnapping of infant

    Arrest made in East Toledo kidnapping of infant

    Wednesday, July 30 2014 11:07 AM EDT2014-07-30 15:07:56 GMT
    Toledo police have arrested a man in connection with an attempted kidnapping at an East Toledo hotel Monday. Investigators charged Jaequan Smith with kidnapping and burglary. He was arrested early Tuesday morning. He’s charged with trying to kidnap a 4 and a half month old baby from his mom’s hotel room. It happened around 6:00am Monday at the Days Inn on Miami Street. The mom told police she was walking her boyfriend out of the hotel and left the infant in the room. 
    Toledo police have arrested a man in connection with an attempted kidnapping at an East Toledo hotel Monday. Investigators charged Jaequan Smith with kidnapping and burglary. He was arrested early Tuesday morning. He’s charged with trying to kidnap a 4 and a half month old baby from his mom’s hotel room. It happened around 6:00am Monday at the Days Inn on Miami Street. The mom told police she was walking her boyfriend out of the hotel and left the infant in the room. 
  • A good day to fill the tank

    A good day to fill the tank

    For the first time in a while gas prices are below three dollars a gallon at several stations around town.

    For the first time in a while gas prices are below three dollars a gallon at several stations around town.

  • Perrysburg talks Louisiana renovation

    Perrysburg talks Louisiana renovation

    Tuesday, July 29 2014 10:15 PM EDT2014-07-30 02:15:43 GMT
    City leaders in Perrysburg are looking at a beautification and renovation project in the downtown area.The $2.3 million proposal includes installing brick at intersections between the railroad tracks and Front street. There are also plans for landscaping down Louisiana and a round-a-bout with the Commodore Perry statue as the centerpiece, complete with fountains."I hope Commodore Perry has a place of honor. If it makes it more beautiful and popular, I'm all for it," Mary Stockwell, a frequent...
    City leaders in Perrysburg are looking at a beautification and renovation project in the downtown area.The $2.3 million proposal includes installing brick at intersections between the railroad tracks and Front street. There are also plans for landscaping down Louisiana and a round-a-bout with the Commodore Perry statue as the centerpiece, complete with fountains."I hope Commodore Perry has a place of honor. If it makes it more beautiful and popular, I'm all for it," Mary Stockwell, a frequent...

Area Events Calendar

See It, Shoot It, Send It!