Business organizations sign letter against Louisville Metro minimum wage hike

Source : globeimages.net

Source : globeimages.net

Free Republic

LOUISVILLE, Ky. (WDRB) — Several business-related associations stand against a Metro Council proposal to raise the minimum wage.

In a joint statement, they say it “exceeds Council authority” and is “bad policy.”

The statement – sent to media outlets today – was signed by nearly 20 groups including the Kentucky Chamber of Commerce, the Kentucky Restaurant Association, and Greater Louisville, Inc.

In it, they say an increase would put local businesses at a competitive disadvantage and lead to job losses.

The proposal would raise the wage from $7.25 to $10.10 an hour over a three-year period.

Last week, Louisville Mayor Greg Fischer said he supports raising the wage on the national level, but is concerned a local hike would cause some businesses to relocate and says the issue should be studied further.

Copyright 2014 WDRB News. All rights reserved.

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