Dec 152017
 

An effort is underway to place a proposal on the November 2018 ballot that would raise Missouri’s minimum wage, which currently stands at $7.70 an hour.

Under the “Raise Up Missouri” ballot initiative, the minimum wage would go up to $8.60 an hour in 2019, then increase 85 cents per year until 2023, when the wage would be set at $12 an hour.

After that date, the wage would be adjusted annually based on the cost of living. Click here to read the ballot proposal in full.

Catholic teaching supports a living wage, and setting a minimum wage can be one way to ensure workers receive a living wage. The level at which a minimum wage is set, however, is critical. A modest increase to the minimum wage can help workers, but if the wage is set too high, it may depress labor markets as employers let employees go or decide not to hire new employees.

Earlier this summer, a St. Louis Post-Dispatch business reporter, Jacob Barker, filed an interesting story about the effort to raise the minimum wage, which included perspectives from both employees and employers.  You can read the full article here.

The MCC currently has no position on the proposal.

 December 15, 2017  Posted by at 9:35 am Uncategorized

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