Officially, New Hampshire’s minimum wage is $7.25 an hour. Finding someone who actually earns that, though, could be harder than finding a vegan in a Brazilian steakhouse on Flank Steak Friday. “You wont’ find it,” Mike Somers, president of the New Hampshire Restaurant and Lodging Association, said.
Josiah Bartlett Center for Public Policy
One of the consequences of regulating business by statute is that statutes are categorized, and therefore businesses have to be categorized too. The rigid legal classifications for businesses can lead to some restrictions that make sense only to lawyers, legislators, and scientists who catalogue animal and plant species.
Raising New Hampshire’s minimum wage to $15 an hour would cost the state nearly 6,000 jobs and more than 9,000 residents, raise consumer prices, reduce economic output, and cause serious harm to small businesses and the leisure and hospitality industries, a new report from New Hampshire Employment Security concludes.