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What Impact, If Any, Will Higher Minimum Wages Have on Retailers and Low-income Workers?
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******************************** What Impact, If Any, Will Higher Minimum Wages Have on Retailers and Low-income Workers? http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1551 The struggle to raise pay for low-income workers, once fought in agricultural fields and on factory floors, is moving to the aisles of big retailers in Chicago where large national chains like Wal-Mart and Target may be forced to offer higher wages along with every-day low prices. While retailers complain the legislation may lead them to stall plans for new downtown stores, Wharton faculty say Chicago's proposed living wage law is largely symbolic and would have little real impact on large retail chains or their employees. Some argue that it also won't have much impact on poverty.
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