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Biz community opposes $15 minimum wage, survey says

Four-fifths of the state’s business executives are adamant in opposing any possible increase in the state’s minimum wage to $15 an hour, according to the latest Connecticut Business & Industry Association/Blum Shapiro survey.

About 81 percent of the 440 business executives surveyed by the CBIA oppose a $15 per hour minimum wage.

During the most recent legislative session, lawmakers considered but failed to pass a bill that would have increased the minimum wage to $15 an hour by 2022. At $10.10 an hour, Connecticut’s minimum wage is one of the highest in the country.

Seventy-five percent of companies surveyed also said a paid family and medical leave mandate would have a negative effect on business, while 21 percent said it would have no effect, and 4 percent said it would have a positive effect.

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“Policymakers must recognize our challenges and act aggressively to develop bold solutions,” the report states.

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