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Working hard or hardly working?
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Opinion/Carlozzi: Small business should not be taxed on PPP loans
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Senate committee advances $15 minimum wage
A Senate committee advanced a proposal Wednesday to raise Louisiana’s minimum wage to $15 an hour.
The Senate Labor and Industrial Relations Committee also moved instruments that will extend the suspension of state laws that trigger higher taxes on employers and lower worker benefits when the unemployment trust fund’s balance is low.
Senate Bill 49 also calls for the minimum wage to be increased each year by the percentage increase in the federal government’s Consumer Price Index for All Urban Consumers.
Louisiana doesn’t have a state minimum, so the federal wage floor of $7.25 an hour applies. Sen. Troy Carter, the New Orleans Democrat who authored the bill, said it would help many residents climb out of poverty and benefit the economy by giving low-wage workers more money to spend.
New York HERO Act and its Covid-19 workplace safety standards outrage small businesses groups
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Klatt and Lapp need 20 people to run the business well but have only five staffers. Former chefs, the owners and their wives are working in the kitchen and on the truck to keep things running. Klatt and Lapp recently decided to curtail their Sunday hours and close Mondays to give everyone a break.
“The hit to the bottom line will be noticeable, but it’s not worth burning out the few awesome people we do have working for us,” Klatt says.
Businesses of all sizes are struggling with hiring even with millions of Americans unemployed and as increasing numbers of people get vaccinated and look forward to a more normal life. A Census survey taken in late March shows that 6.3 million didn t seek work because they had to care for a child, and 4.1 million said they feared contracting or spreading the virus.