Higher wages could mean fewer jobs

By Dimitri Babalis & Olivia Rubick
MI First Election

The 2016 presidential election could have a big impact on the minimum wages. Raising it could have a ripple effect, increasing unemployment, which could depress investments and individuals’ economic statuses. Throughout debates, candidates Hillary Clinton and Bernie Sanders have said they want to raise the nation’s minimum wage. Donald Trump has gone back and forth on the minimum wage and most recently said it should be decided by the states. Michigan State University Business and entrepreneurship professor Kenneth Szymusiak praised what Barack Obama has been able to do in his two terms in office, but is uncertain about what the next president will bring.

Barely making it — minimum wage still isn’t enough for single people in Michigan

Capital News Service
LANSING — Michigan minimum wage earners are not making enough to afford their most basic needs like housing, food, clothing or transportation, statistics show. The Michigan League for Public Policy argues that the minimum wage of $8.15 is not enough to live on. In Lake County, for instance, a single adult, full-time worker would need to make $10 an hour to meet basic needs, according to a 2014 study by the league. In Grand Traverse County, the amount goes up to $11 an hour. In Manistee County, you can get by on $9.94 per hour.

Business owners say minimum wage could push up prices

Capital News Service
LANSING — Some Michigan small businesses that pay employees more than the state’s minimum wage say the recent increase could drive costs up for their customers. It rose from $7.40 to $8.15 on Sept. 1 in the first of four phases leading to $9.20 in 2018 for workers who don’t get tips. Mike Valle, owner of Valle’s Village Market in Marquette, said the increase could translate into a price-hike domino effect, even though he is already paying employees more. “I can’t say right now, but I’m sure it’s going to have an impact on the prices,” Valle said.

Focal Point Spring 2014 [Show 5]

An 8-year-old girl who touched the lives of people around the world is remembered by hundreds on MSU’s campus. The anniversary of the Boston bombings has marathoners preparing to head back to the starting line. And, drastic weather this winter is making for a harsh allergy season in Mid-Michigan. Focal Point is an Emmy awarding winning, student produced newscast from the School of Journalism at Michigan State University.