The Effects of Raising the Minimum Wage on the Hospitality Industry

Emily Carpenter, Bradley University

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Abstract: President Obama broached the subject of raising the minimum wage in the United States, and this paper investigates the impacts of the increase, especially on the hospitality industry. The pros and cons of raising the minimum wage are discussed in terms of employees and employers. The minimum wage will eventually be increased, knowing the benefits and challenges associated with doing so could help managers prepare for the ensuing changes.

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