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Western Michigan University Professor thinks minimum wage hike is likely

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KALAMAZOO (WKZO) -- Efforts to raise the minimum wage both federally and in Michigan are taking off. Dr. Daniel Farrell, a WMU Professor of Management says it's clear both the state and federal minimum wages have not kept pace with the cost of living since the last time they were increased.

That’s why he thinks passage of a higher minimum wage may be inevitable.

He says his review of the issue suggests that most of the claims that it will result in job losses are coming from political opponents and not from economists.

Dr. Farrell says however that a higher minimum wage could lead to higher prices for consumers at some businesses.

A petition drive is underway to put the issue on the Michigan ballot.

 

 

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