Contact Us
Make My Homepage

CBO Says Increasing Minimum Wage Will Mean Job Losses

 

Unemployment Line
gettyiamges

A new report claims a boost in the minimum wage could cost jobs. 

The report from the non-partisan Congressional Budget Office says half-a-million jobs could be lost by 2016 if the minimum wage is increased to 10-dollars-and-10-cents an hour. 

The national minimum wage now stands at seven-dollars-and-25-cents per hour.  The White House is pushing hard for a minimum wage boost. 

Before the report came out, presidential spokesman Jay Carney cited what he called “ample documentation” that boosting the minimum wage does not have a significant impact on jobs. (Metro Network Inc)

Best of WBSM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wbsm.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for 1420 Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive 1420 Club contests, events, coupons, presales, and much more delivered to you for FREE.