Take A Hike, Santa
Written by Brian Garst, Posted in Economics & the Economy
Michigan minimum wage hikes mean fewer bell ringers next holiday season.
A $1.80 an hour increase in Michigan’s minimum wage going into effect Sunday will fatten the paychecks of most local Salvation Army bell ringers this year – but fewer likely will be hired.
Hiring reductions, pay freezes and price increases are among ways some area employers are adjusting to legislation approved in March to boost Michigan’s hourly minimum wage for workers 18 and older from the current $5.15 to $6.95.
Hat tip: FreedomWorks
I serve as Vice President of the Center for Freedom and Prosperity, a non-profit think tank dedicated to preserving tax competition and free markets. This site features my personal views, which are not reflective of CF&P.