There are many who seek to raise the US minimum wage. My opinion on this is that the minimum wage should be increased in many places on a local level, as for example the cost of living in Queens NYC is 80% higher than in Omaha. Should both of these places have the same minimum wage? I have a feeling that on average those places which have the lowest cost of living also probably tend to have higher than average unemployment, and fewer job opportunities. Perhaps in a number of the lowest cost of living places that have weak economies $7.25 an hour is a reasonable minimum wage, and any higher will greatly increase unemployment. On the other hand, the NYC area should imo have a minimum wage that is at least $10 an hour, and the LA area should probably have a minimum wage that is at least $9 an hour. What do you think?
Edited by JK1 - 8/3/12 at 1:40pm