New Hampshire workers cannot make ends meet on today’s minimum wage of $7.25/hour.
- With a full-time schedule, minimum wage workers earn less than $300 a week. After buying groceries or paying the rent, there’s little or nothing left to buy other basic necessities like heat, clothing, or gas for the car.
- The Granite State is consistently recognized as a top place to live, work, and raise a family. But for minimum wage workers, it’s a real struggle to get by, let alone afford the basics.
- New Hampshire’s low-wage workers work hard, play by the rules, and deserve a fair day’s pay for a fair day’s work.
Raising wages helps workers, the economy, and taxpayers.
Increasing the minimum wage would put more money in the pockets of NH workers, helping them pay their bills and live a better life; would help boost NH’s economy with increased consumer spending; and would help NH taxpayers by reducing low wage workers’ reliance on government services.
HB1403 calls for a $9 hourly minimum wage by 2016 and provide for annual cost of living adjustments each year after that. This change would raise the wages, either directly or indirectly, of nearly 76,000 New Hampshire workers – or 12% of the labor force.
The public agrees: the time to raise the minimum wage is now. Poll after poll shows widespread support among the public for an increase in the minimum wage.
New Hampshire’s minimum wage has not kept up with the cost of living for more than 30 years, and is currently stalled at $7.25 an hour – or the equivalent of only $1,276 a month for a full-time worker. It’s time for New Hampshire to address the plight of 75,000 Granite State workers and raise the minimum wage.