Small savings jar

Small savings jarThe new year is extra happy for minimum-wage workers in seven states; they got a little raise along with their party hats and champagne. The new minimum wage for the following states is now:

Arizona — $7.35 (up from $7.25)
Colorado — $7.36 (up from $7.25)
Montana –$7.35 (up from $7.25)
Ohio — $7.30 (up from $7.20)
Oregon — $8.50 (up from $8.40)
Vermont — $8.15 (up from $8.06)

If you live in one of these states, do you anticipate the new minimum wage laws having a positive or negative impact on your firm’s profits — or none at all? Let us know in the comments!

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