7/24/2009

Between 3 million and 5 million workers in the U.S. will see their pay increase after the federal minimum wage goes from $6.55 to $7.25 per hour, said Labor Secretary Hilda Solis. She said she expects minimal impact on employers, but small-business owners said complying with the law will be challenging considering today's economic conditions. "In this economy, you can't raise prices," said Bob McGrath, owner of Olympia Candies.

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