Los Angeles Business Journal

A Minimum Wage Quandry

Thursday, April 25, 2013

Legislation in Congress this year would raise the $2.13 base wage for waiters and waitresses for the first time since 1991. Some say it would help those who rely on tips for much of their earnings. But it could also spur firings and reduced hours as thin-margin businesses grapple with higher costs, say some restaurant owners and economists, Bloomberg News reports.