Here is this week’s newsletter to members of the Aurora Regional Chamber of Commerce. If you have Member News to include, please send to Catherine by Wednesday the week prior to publication. For more information, contact the Chamber at (630) 256-3180.
Aurora Regional Chamber of Commerce
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Here is this week’s newsletter to members of the Aurora Regional Chamber of Commerce. If you have Member News to include, please send to Jeanine by Wednesday the week prior to publication. For more information, contact the Chamber at (630) 256-3180.
Aurora Regional Chamber of Commerce
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Aurora Regional Chamber of Commerce
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Here is this week’s newsletter to members of the Aurora Regional Chamber of Commerce. If you have Member News to include, please send to Jeanine by Wednesday the week prior to publication. For more information, contact the Chamber at (630) 256-3180.
Aurora Regional Chamber of Commerce
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Monday, May 20, 2013, 10:00 am – 2:30 pm
President Abraham Lincoln Hotel, 701 East Adams St., Springfield
Pension Reform… State Fiscal Mess… Obamacare Implementation… Workers’ Compensation Reform… Minimum Wage Increase…
2013 Legislative Session: How’s This One Going to End?
Employer Action Day
Inevitably, all the key issues in Springfield are settled in the last few days of legislative session. This year is likely to be no different. Join the Illinois Chamber and NFIB in Springfield when the big decisions are being made and help influence the outcome of issues you care about most.
AGENDA
$49.00 includes lunch and transportation to and from the statehouse
Click here to register or by phone to Lisa Weitzel 217/522-5512 x222
Here is this week’s newsletter to members of the Aurora Regional Chamber of Commerce. If you have Member News to include, please send to Jeanine by Wednesday the week prior to publication. For more information, contact the Chamber at (630) 256-3180.
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Aurora Regional Chamber of Commerce
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From The Heritage Network:
When someone says “minimum wage,” what comes to mind?
Do you think of teenagers flipping burgers? Or a single parent trying to feed several kids?
While President Obama and other proponents of a higher minimum wage want you to visualize that single parent, the truth is that a burger-flipping teenager or college student with a part-time job paints a much more accurate picture of the minimum wage in America.
In his State of the Union address, President Obama called for an increase in the minimum wage from $7.25 to $9 an hour. Today, Democrats in Congress are arguing that the President didn’t go far enough, proposing an increase to more than $10 an hour.
Minimum-wage increases reduce the number of entry-level minimum-wage jobs available—actually hurting many of the workers proponents want to help.
And who are these workers?
The President and others keep going back to five key myths about minimum-wage workers. Heritage labor expert James Sherk has already debunked them all.
Myth #1: Hordes of Minimum-Wage Workers
Very few Americans are actually working for the federal minimum wage—it’s just 2.9 percent of all workers in the United States.
In other words, 97 percent of American workers make more than minimum wage.
Myth #2: The “Working Poor” Getting By on Minimum Wage
More than half of minimum-wage workers are between the ages of 16 and 24. These young people tend to work part-time, and a majority of them are enrolled in school at the same time—so the after-school burger flipper or college student with a part-time job is the real deal. A hike in the minimum wage primarily raises pay for suburban teenagers, not the working poor.
In fact, America’s poor aren’t the “working poor” at all. Sherk explains that “Contrary to what many assume, low wages are not their primary problem, because most poor Americans do not work for the minimum wage. The problem is that most poor Americans do not work at all.” Cutting down the number of entry-level jobs by raising the minimum wage surely isn’t going to help these people who need jobs.
Myth #3: Minimum-Wage Workers Trapped in Poverty
The average family income of a minimum-wage worker is more than $53,000 a year. How is this possible at $7.25 an hour? Few workers with minimum-wage jobs are the primary earners in their families. This is also true of older minimum-wage earners. Three-fourths of workers 25 and older earning the minimum wage live above the poverty line. In fact, 62 percent have incomes over 150 percent of the poverty line.
Myth #4: Lifelong Minimum-Wage Earners
Minimum-wage earners don’t stay in those jobs forever. It’s easy to get the idea from politicians that “minimum-wage workers” are a permanent class of people. But in fact, two-thirds of minimum-wage workers earn a raise within a year. As they gain experience and employment skills, they become more productive and can command higher wages. Entry-level, minimum-wage jobs are the first rung on many workers’ career ladders.
Myth #5: More Single Parents on Minimum Wage
Very few single parents are working full-time in minimum-wage jobs. Unfortunately, politicians overuse that example. A greater proportion of employees in the overall workforce (5.6 percent) are single parents working full-time jobs, while for minimum-wage workers that proportion is 4 percent—because so many minimum-wage workers are secondary earners.
Don’t be fooled by the myths. A minimum wage increase will not reduce poverty. Instead, it will hurt many of the workers its proponents want to help. As James Sherk and Rudy Takala sum it up:
A higher minimum wage would help some workers, but few of them are poor. The larger effect is hurting the ability of potential workers living in poverty to get their foot in the door of employment. A minimum wage hike might help politicians win plaudits from the press, but it wouldn’t reduce poverty rates.
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| February 25, 2013 | |
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For more information contact the chamber. Alarm Detection Systems, Inc.
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| Aurora Regional Chamber of Commerce | 43 W. Galena Blvd. Aurora, Illinois 60506 Phone: (630) 256-3180 Fax: (630) 256-3189 | www.aurorachamber.com |
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