What does minimum wage increase mean for consumers? - WALB.com, South Georgia News, Weather, Sports

What does minimum wage increase mean for consumers?

By Wainwright Jeffers - bio | email

ALBANY, GA (WALB) - Monday is the first day millions of Americans will head back to work making 70 cents more from 6.55 to 7.25 an hour

The federal minimum wage increase on Friday is the last of a series of wage increases that started in 2007.

With some employers paying workers more they may have to charge consumers a bit extra to do it.

Consumers told us they may be paying a little more but the increase was needed.

"It's great to know you'll get a bump in that pay raise, more that you can either save or spend," Said Eric Ray, Lee County.

"I believe small businesses are going up so their prices are going up as far as big market I don't think that's going to change," said Brandis Lutrell, Albany.

Some business are just too small to increase pay.

The federal minimum wage law applies to employers earning at least half a million dollars per year.

In Georgia the law applies if you have 6 or more employees.

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