Raising minimum wage in CNMI will erase garment industry – Chamber of Commerce
Radio New Zealand International, New Zealand
Posted at 21:36 on 22 May, 2014 UTC
The president of Saipan’s Chamber of Commerce, Juan Guerrero, says moves by the U.S Congress to raise the minimum wage will erase what’s left of the garment industry in the Commonwealth of the Northern Marianas within months.
The controversial minimum wage bill, if enacted, will eventually more than double the U.S. minimum wage on CNMI from its current $3.05 to $7.25, over a number of years. Read more about Raising minimum wage in CNMI will erase garment industry – Chamber of Commerce …