Local

Economist says Minimum Wage Increase Is A Bad Idea

Photo: clipart.com

Economist says Minimum Wage Increase Is A Bad Idea

A group of Nebraska state senators plan to propose increasing the minimum wage in Nebraska in the upcoming legislative session. Jim Vokal is the Executive Director of the Platte Institute and says they conducted a study on how minimum wage increases impact workers and the economy. He doesn’t recommend it.
He says when the minimum wage goes up so does the wages of federal employees. Vokal says it is also tied to unions as members are required to make “x” amount over and above the minimum wage.  Vokal  says research shows many unintended consequences to raising the minimum wage.
He says the most impacted will be the lower skilled employees in the 16 to 19 age group.

Recent Headlines

in National, World

1 American released from North Korea

Updated
fowle

The State Department says Jeffrey Fowle, one of three Americans being held in North Korea, has been released.

in Agriculture

NE Winter Wheat Crop Gets Good Start

Winter Wheat Early

Nebraska farmers have wrapped this fall’s winter wheat planting and are pleased with the good start. State Wheat Commission Executive…

in National

Ebola is low on our list of concerns

ebolaprotest

A new poll shows Ebola ranks well behind the economy, jobs, and other issues among America's top problems.

in Agriculture

Pork Industry Braces For PEDV

baby Pigs 1

The U.S. swine industry is bracing for a resurgence of PEDV as cooler weather hits this fall. Minnesota Pork Producers…

in Agriculture

COOL Compliance Verses Retaliation

COOL

Several farm groups including the National Cattlemen’s Beef Association want Congress to bring the U.S. COOL rule into compliance and…