Bearing the burden

[...] raised prices, layoffs and fewer new jobs are possible consequences as a result of the increase as businesses already taxed by the recession struggle to meet the new requirements, Richardson says. Because Louisiana businesses have remained somewhat insulated from the recession, the impact on i...

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Bibliographic Details
Published inThe Greater Baton Rouge Business Report Vol. 27; no. 27; p. 34
Main Author James, Emma
Format Trade Publication Article
LanguageEnglish
Published Baton Rouge Greater Baton Rouge Business Report 11.08.2009
Subjects
Convenience stores
Costs
Economic conditions
Economic recovery
Employees
Hiring
Labor shortages
Labor standards
Minimum wage
Prices
Recessions
Wage rates
Baton Rouge Louisiana
United States > US
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Summary:[...] raised prices, layoffs and fewer new jobs are possible consequences as a result of the increase as businesses already taxed by the recession struggle to meet the new requirements, Richardson says. Because Louisiana businesses have remained somewhat insulated from the recession, the impact on individual businesses is difficult to gauge.
ISSN:0747-4652