Half of Workforce Caught in Cross Hairs of Class-Warfare Folly
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An report in this summer’s edition of Regulation draws a horrific picture of Puerto Rico’s future if the federal minimum wage increases to US$10.10 per hour. The analysis details what would happen to employment if the wage were raised by the US Congress from the current $7.25.+
US$10.10 Minimum-Wage Impact (from $7.25)
Employees Affected
|
Employment-Loss Estimate
|
|
---|---|---|
Puerto Rico | 471,040 – 480,461 | 193,610 – 203,031 |
US Total | 22,387,175 – 23,575,380 | 730,906 – 1,919,111 |