Listen Live on  

NewsRadio KFBK

Sacramento's News, Weather and Traffic Station

Small Business Group Fights Proposed Minimum Wage Hike

Small Business Group Fights Proposed Minimum Wage Hike
Posted June 12th, 2014 @ 8:37am by KFBK News

A small business group is rallying against another minimum wage increase, saying it will cost hundreds of thousands of jobs.

The National Federation of Independent Business says raising the wage to $13  an hour could lead to 323,000 layoffs over the next ten years.

Director John Kabateck says small companies can't shoulder the long-term cost and lawmakers are missing the point.

"It's intended to be a temporary wage, not a long term wage. And, frankly, this is one of those examples where the legislature just doesn't get it," he said. 

A bill that's passed the Senate and is awaiting a vote in the Assembly would raise the wage to $13 by 2017.

San Francisco, as a city, is exploring a $15 minimum wage.

Recommended Stories

More from NewsRadio KFBK