Small business owners nationwide are recovering from the Great Recession and slowly fortifying their businesses. It is the jobs these small businesses provide and the consumers they serve that keeps our recovery moving. Entrepreneurs nationwide recognize we need to foster this trend. According to a national scientific opinion poll conducted for Small Business Majority, small business owners widely agree our federal minimum wage should increase so that small business employees and consumers have more money in their pockets.
Main findings include that surprisingly, more than two-thirds of small business owners support increasing the federal minimum wage, and adjusting it annually to reflect the cost of living, and believe that it will boost consumer demand, helping small businesses to grow and hire. The vast majority of respondents claim to pay all of their employees more than minimum wage. Small Business Majority
Read the entire report here.