Arizona businesses that are already grappling with a pandemic-induced downturn and mandatory multi-year wage hikes that have steadily increased over the past four years are closely watching the debate on Capitol Hill over whether to raise the federal minimum wage to $ 15 an hour.
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On January 1, the state’s minimum wage was increased to $ 12.15 an hour. That’s higher than in many other states with higher cost of living, business advocates have said.
“Arizona ranks 30th on the affordability index and 24th on the cost of living index, but we have the fourth highest minimum wage in the country,” said Amber Smith, president and chief executive officer. direction of the Tucson Metro Chamber of Commerce. “The first three states with…
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Headline: Flagstaff’s small business struggles fuel concerns over large wage hikes imposedCheck all news and articles from the Business news updates. Disclaimer: If you need to update/edit/remove this news or article then please contact our support team Learn more