Businesses Hope to Lose Indexing from Minimum Wage Increase - KAIT Jonesboro, AR - Region 8 News, weather, sports

Jefferson City, MO

Businesses Hope to Lose Indexing from Minimum Wage Increase

NOVEMBER 16, 2006 - Posted at 11:46 a.m. CST

 

JEFFERSON CITY, MO - Opponents of a recently passed ballot measure raising the minimum wage in Missouri are not giving up on at least part of the law.

Voters overwhelming approved Proposition B last week, raising the state minimum wage from $5.15 an hour to $6.50 an hour, beginning January 1.  After that, the minimum wage will be tied to inflation.

And that is the part business groups across the state are protesting.

Brad Jones is the state director of the National Federation of Independent Businesses.  He says an indexing system will hurt small businesses and the state economy.

But even Jones acknowledges it won't be easy to get lawmakers to reconsider a part of a measure that passed with nearly 76 percent of the vote.

(Copyright 2006 by The Associated Press.  All Rights Reserved.)

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