How Arizona's New Minimum Wage May Affect Businesses, Workers
Arizona voters approved Proposition 206 earlier this month, with more than 58 percent of the vote. The measure will increase the state’s minimum wage, phasing it in to $12 an hour by 2020; it also mandates paid sick time for workers.
Supporters had argued the higher minimum wage would be good for workers and the economy, while critics worried it would be bad for business, and by extension, their employees.
To try to get a sense of what the impact of Arizona’s higher minimum wage might be, we talked to Dennis Hoffman, an economics professor at the W.P. Carey School of Business at ASU. He also talked about what kinds of impacts have we seen on Arizona businesses in the years since voters approved the last minimum wage measure.
EDITOR'S NOTE: This story has been modified to correct the wage increase.