“Raising the minimum wage would result in significant job losses for the workers who are most in need of a leg-up in this time of high unemployment,” notes NCCR executive director.
The National Council of Chain Restaurants (NCCR) issued the following comments from Executive Director Rob Green on the hearing held this week by the Senate Health, Education, Labor and Pensions Committee on a proposal to raise the federal minimum wage:
“Today’s hearing is an exercise in rehearsed political talking points that ignore the practical reality of what yet another government mandate on businesses would mean in this fragile economy.
“The Congressional Budget Office recently estimated that raising the minimum wage would result in significant job losses for the workers who are most in need of a leg-up in this time of high unemployment.
“Missing at today’s hearing are the voices and stories of the millions of Americans who started their working lives with a minimum wage job who are now successful business men and women and used these jobs as the first rung on the ladder to success.
“What we need Congress to focus on are policies that move the economy forward. Job creation should be at the top of that list, not mandates that make it harder for businesses to put Americans to work.”
The National Council of Chain Restaurants is the leading trade association exclusively representing chain restaurant companies.