Symposium 2016: Minimum wage laws were passed in a number of states during the last election to raise the minimum wage to at least $10 an hour, and a national campaign has been initiated to institute a $15 an hour minimum. Will these increases be detrimental to jobs and job security?

Myrtle Beach, SC Correspondent- Will it hurt job security? I would say probably. Here is the issue here, rather than paying their workers a higher dollar amount some companies will probably just automate their process more. Companies who can’t afford to automate will either pay the going rate, slim down their company, put more people on salary and work them harder, or close. There are too many scenarios here. Continue reading