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Business owners on raising minimum wage

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Posted: Jan 31, 2014 11:26 AM
Updated: Jan 31, 2014 11:26 AM
Source: WBRZ

  Rating: 3.0 (3 votes)

Topics: minimum wage, business owners, louisiana minimum wage

BATON ROUGE - Minimum wage is in the national spotlight after the president's State of the Union address, and business owners are speaking out about how raising it could affect their operations.

Louisiana's minimum wage matches the federal minimum, which is $7.25 per hour. Someone who works 40 hours a week and 52 weeks a year earning that would make $15,080 before taxes. The federal poverty line for a two-person family is $14,570 per year.

President Obama announced plans this week to issue an executive order and raise the minimum wage for federal contract workers to $10.10 an hour. He also called on business owners to do the same, rather than waiting on Congress to enact any increases.

WBRZ News 2's Troy Gaulden will have reaction from local business owners tonight starting at 4 p.m.

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