As ballot proposition Measure D in San Jose comes up to vote, needing only a simple majority to pass, with the effect of increasing minimum wage by $2, the business community is wary. Business owners complain that businesses are already struggling in the downtown area and project 600 to 2,800 job losses after the effective 25% increase in payroll. The projections look bleak if the measure passes, but two other cities have recently raised their own minimum wages recently. Rather than harming the economy, the wage increases in Washington D.C. and San Francisco led to economic success. Unemployment dropped in both cities, as much as 1.3% in D.C.
Read the full article here: San Jose Minimum Wage Hike a Job Killer? Numbers Suggest Not