Who doesn’t want more cash? The unions certainly do, which is why they’re backing a constitutional amendment to raise the minimum wage every year, automatically, forever.
If only it were that simple. But the money to pay higher wages has to come from somewhere. NFIB research and lots of independent studies show that when employers have to pay more, they hire less. Kids are hit hardest since they’re at the bottom of the wage scale.
Ballot Question #2 would increase the cost of entry-level labor by 13.8 percent immediately and then increase the minimum wage every year based on inflation.
Most small businesses, including NFIB members, start their employees above minimum wage. Many can’t afford to pay more, however, and they’ll be devastated by Ballot Question #2. What will happen to their workers? They’ll lose their jobs or have their hours and benefits cut.
Learn more at SaveNewJerseyJobs.com.
Come Election Day, the concern is: Who doesn’t want more money? Who doesn’t want to change the constitution? Who would rather save New Jersey jobs?
The hurdle is educating the public to understand that while more money sounds good in theory, keeping and creating jobs is the best path to that outcome, not mandating wages in the constitution.