Business Services Industry

Minimum-Wage Increase Defeated In The Senate

Nation's Business, Nov 1, 1998 by David Warner

An effort to raise the minimum wage by $1 an hour over two years-to $6.15 an hour in January 2000-was rebuffed by the Senate in September on a 55-44 vote.

The most recent increase in the minimum wage took effect Sept. 1,1997, when it was raised from $4.75 an hour to $5.15. The latest proposal, sponsored by Sen. Edward M. Kennedy, D-Mass., would have boosted the minimum wage to $5.65 an hour in January 1999 and $6.15 an hour a year later. Business groups, including the U.S. Chamber of Commerce, had opposed the increase, saying it would binder economic growth and the creation of jobs.

COPYRIGHT 1998 U.S. Chamber of Commerce
COPYRIGHT 2008 Gale, Cengage Learning

 

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