April 26, 2015 – By Tony Romeo
HARRISBURG, Pa. (CBS) — The ongoing debate over raising the minimum wage continued in the state Capitol this past week.
Supporters of an increase in the minimum wage to $10.10 an hour held an event at the state Capitol at which time they released a study on the impact it would have on Pennsylvania by The Keystone Research Center — for whom Mark Price serves as a labor economist.
“We estimate that roughly that roughly $1.8 billion would be stimulated into the economy if we raised the minimum wage to $10.10,” Price says. “That increased spending would in turn generate 6,000 jobs.”
But Alex Halper of the Pennsylvania Chamber of Business and Industry says there are studies showing a negative impact.
“I think numbers that we’ve seen from very legitimate, authoritative sources like the Congressional Budget Office are pretty compelling,” he says.
Governor Tom Wolf supports an increase in the state’s minimum wage.