La. workers excited about minimum wage proposal
BATON ROUGE - President Obama's proposal to raise the federal minimum wage $9 has many workers excited.
"It would be nice, it would definitely help a lot of people out," said Jonathan Meyers in Baton Rouge.
"It's not surprising to me, because I know he's trying to put more money in people's pockets," said Stanley Smith.
The Labor Department says nearly 4 million workers earned minimum wage in 2011. A full-time worker making the minimum wage makes about $15,080 a year, below the federal poverty threshold of $15,130 for a family of two.
But there are concerns about how businesses will come up with the extra money.
"To go up to $9, that might hurt a lot of small businesses," he said.
According to a recent study by the National Employment Law Project, most minimum wage workers aren't employed by small businesses. Instead, the report says they work for large large corporations
Fidna Skate Shop owner Kyle Cox admits he doesn't have the resources of some bigger companies. However, he insists he already pays well above minimum wage.
"I just feel my employees would be getting paid more than that amount anyways," he said.
Cox says putting more cash into people's pockets can only boost his business.
"More money, more spending," he said. "I think people for the most part deserve a higher wage than what is the minimum wage."