Independent Joe #58 October/November

Each of us makes commitments that help define the direction of our lives. These include personal commitments to our spouse, family members and friends, and professional commitments to our employer, co-workers and partners. Webster’s defines commitment as, “The state or quality of being dedicated to a cause, activity, etc.,” and Matt Light, our featured speaker…

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Denver Hikes Minimum Wages Again

Last week, the Denver City Council unanimously approved a new minimum wage increase that will bump the hourly minimum in the Mile-High City in each of the next two years. The current state minimum of $11.10 is slated to rise to an even $12/hour on January 1st, but apparently, that wasn’t good enough for the…

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New Jersey Softening Wage Hike?

In that same vein, New Jersey legislators are set to consider the impact that minimum wage hikes and other mandates can have on small businesses, but especially in the event of an economic downturn.  Small business owner and democratic Senator Vin Gopal joined forces with republican Deputy Whip Senator Kristin Corrado to sponsor S.3607, a…

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Prepare for Changes Coming With New Year

As the calendar gets closer to 2020, it’s important for all small business owners to be aware and prepare for the changes that will come with the New Year. For example, half of the states in the nation have an increase in the minimum wage taking effect as January arrives. Over the course of the…

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Florida, Chicago & Denver on Minimum Wages

As we’ve anticipated, the Florida Minimum Wage petition has met the signature threshold and is headed for the ballot in November 2020. The Florida Division of Elections has officially certified over 768,000 voter signatures (766,200 are required for 2020 petitions). The petition, which will appear on the 2020 ballot as Amendment 2, will increase the…

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Elections Have Consequences

In most states, elections were held earlier this week and we want to just touch on a couple of results as they may become relevant to business issues in the future. First off, up in Portland Maine, incumbent progressive Mayor Ethan Strimling was eliminated before the final round in the ranked-choice local election. He defined…

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Florida Wage Question Clearing Signature Hurdle

The effort to put a minimum wage increase to $15 on the Florida ballot has moved that much closer to reality as advocates have submitted over 763,000 valid voter signatures already. Florida For a Fair Wage, the primary sponsor of the initiative, must to collect and submit at least 766,200 voter signatures by February to…

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Target Goes To $15, Cuts Hours

Retail giant Target is just one of a host of major retailers that, with much fanfare, announced they would raise the minimum wage for all of their employees to $15/hour. Target made the announcement back in 2017, followed by a number of other big-box stores, committing to bring all employee pay up to a minimum…

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Miscellaneous

According to numbers released by the Bureau of Labor Statistics (BLS) last week, there were almost 900,000 job openings in the leisure and hospitality industry as of the end of August, a reduction of almost 100,000 from the same time last year. That said however, there was also other very good news on the average…

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Minimum Wages Hikes Have an Impact

On the positive side of the ledger, one can point to the first increase in the median real wage for US workers in quite some time. But, there’s also a flip side to that coin, and it is taking a toll on restaurants in major cities such as New York City and San Francisco. The…

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