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Tuesday

3

October 2006

Take A Hike, Santa

Written by , 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