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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Minimum Wage and Payday Loan Ballot Initiatives – Missouri

Groups submit petitions on raising Missouri’s minimum wage, limiting payday loans, Associated Pres, May 7, 2012, Springfield News-Leader: “Supporters of raising Missouri’s minimum wage and limiting payday loans submitted petitions Sunday to get the separate measures on the November ballot, beating this weekend’s deadline to turn in signatures. The proposed minimum wage increase would put Missouri’s minimum pay at $8.25 an hour starting in 2013, with an annual cost-of living adjustment in subsequent years. However, if the federal minimum wage were to rise above the state rate, then Missouri would adopt the federal wage and apply cost-of-living adjustments to that…”