Term Papers on Impact Of Raising The Minimum Wage In South Dakota from Term Papers Lab.

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A STUDY OF THE IMPACT OF RAISING THE
MINIMUM WAGE IN SOUTH DAKOTA: 2007 UPDATE

INTRODUCTION
This report represents an update of a report prepared for Governor Michael Rounds in January 2006. At that time, Governor Rounds had proposed an increase in the minimum wage in South Dakota from $5.15 per hour to $6.00 per hour starting July 1, 2006. That bill did not pass the Legislature. This year, 2007, Governor Rounds has proposed an increase in the minimum wage that would mirror the minimum wage bill that passed the U.S. House of Representatives in January of 2007. This minimum wage bill would increase the current minimum wage of $5.15 per hour to $7.25 per hour in three seventy cent increments. The first increase would be to $5.85 per hour within 60 days of the enactment of the bill, to $6.55 per hour one year later (2008), and to $7.25 per hour one year later (2009).
The current minimum wage in South Dakota is $5.15 per hour and has been at this level since 1997. Prices increased......



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Title: Impact Of Raising The Minimum Wage In South Dakota
Approximate Word Count: 6310
Approximate Pages: 26 (250 words per double-spaced page)

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