Following President Barack Obama’s announcement of his intention to revisit the proposal to increase the federal minimum wage to between $9 and $10 an hour starting in 2015, the Puerto Rico Manufacturers Association on Thursday raised a warning flag over the possible effects the hike could have on local companies given the island’s economic situation.
The Puerto Rico Products Association expressed its support, but with reservations, of President Barack Obama’s proposal to increase minimum wage to $9 in 2015.
The U.S. Department of Labor has filed a lawsuit against agricultural employers José V. Fabre Laboy, doing business as Bananera Fabre, and his son, José V. Fabre Santiago, doing business as Finca La Plata, for failing to pay their workers the minimum wage as required by the Fair Labor Standards Act.