Owen Says Higher Minimum Wage Not Good For Businesses

The South Dakota Democratic Party and several labor groups are starting a drive to raise the state minimum wage through an initiated measure on the 2014 ballot.  The goal is to boost the minimum wage from the current $7.25 an hour to $8.50.  David Owen, president of the South Dakota Chamber of Commerce and Industry says while the proposal may sound good to workers it may actually hurt business…..

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He says groups in the past have used the initiative process to spark discussion and this is no exception…

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Owen looks forward to an exchange of information…..

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Pettitioner’s need just under 16,000 valid signatures before November 4th to place the issue before voters.  If approved the highter minimum wage would take effect in 2015.