STUDY SHOWS LIVING WAGE LAWS DO NOT HURT JOBS, ECONOMIC DEVELOPMENT

A study released yesterday by the Center for American Progress (CAP) shows that living wage laws do not cause the loss of jobs or hurt economic development in the communities that pass them. Living wage laws require that any company or development receiving city contracts or tax subsidies pay its workers a living wage. Living wages are different than the federal minimum wage because they are based upon the real cost of living in an area, and ideally provide a salary that allows someone working 40 hours a week to afford food, shelter, health care, and life’s other necessities. continue reading