Source: uk.businessinsider.com
Date: December 28, 2016
Link: uk.businessinsider.com
Author: Dan Caplinger

Minimum wage laws have been a major political issue recently. Proponents of higher wages argue that they’re necessary to provide for basic living expenses, and many have called for increases to as much as $15 per hour. Opponents, meanwhile, point to the potential impact of higher labor costs on the businesses that employ the most minimum wage workers.