May 24, 2013

CT senate passes 75 cent min. wage hike

The state Senate late Thursday approved a bill that would increase the state's minimum wage by 75 cents over the next two years to $9, raising concerns from small businesses who say the move will hurt their ability to add new employees.

The Senate voted 21-to-15, mostly along party lines, to raise Connecticut's minimum wage to $8.70 on Jan. 1, 2014 and then to $9 on Jan. 1, 2015.

The bill now moves to the House of Representatives for a possible vote. Democratic Gov. Dannel P. Malloy is throwing his support behind the measure, which has significantly increased the likelihood of its passage.

Meanwhile, some business lobbyists say the wage hike could be a job killer.

"It's a nine percent increase in your labor costs," said Andy Markowski, the state director of the National Federation of Independent Business. "And there's not an economist in Connecticut or anywhere else who would argue that the state's economy is strong enough to absorb another arbitrary increase in the cost of creating jobs."

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