Source: Federal Reserve Bank of St. Louis
INTERVIEW WITH BAY TO BAY NEWS:
Michael Quaranta, president of the Delaware State Chamber of Commerce, believes that while well-intentioned, a minimum wage increase would backfire.
“Sadly, the very people policymakers intend to help will be the ones left behind,” he said.
Mr. Quaranta would like to see state officials focus on job training programs like Forward Delaware
, which can set people up for careers in fields like health care, IT, construction and hospitality. The trades pay well and have a shortage of skilled employees, in part because of the overemphasis on higher education, he said. Read more >