Friday, July 10, 2009
OBAMA’S RECESSION RESCUE IN EFFECT THIS MONTH!!!!
It’s official. Federal minimum wage is set to increase later this month. But will it work being that the Job market has already suffered enough? The hike will be administered in 29 states, and many of them plan to match the federal minimum when it goes through. The minimum wage increase will be felt most likely by employers at restaurants, especially fast food, and also the hard-hit retail sector. This pay raise also means that welfare programs will be unnecessary. Bye-Bye First-of-the-Month checks.
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