The study, authored by Dr. William Even of Miami University of Ohio and Dr. David Macpherson of Trinity University (Texas), outlined the negative impact of a proposal being reviewed by the Cleveland City Council to increase the minimum wage by 85 percent to $15 per hour will have on the city's employment.
"As Ohio's economy continues to grow, now is not the time to prevent hiring and squeeze business owners already operating on thin profit margins," said John Barker, president and CEO of the Ohio Restaurant Association. "We should all be focusing on commonsense solutions that create more jobs and promote opportunities for Ohioans of all ages, backgrounds and experience levels. This study shows that dramatic wage mandates will hurt those who need help the most."
The study found that the bulk of job losses would be concentrated among individuals with a high school degree or less.
Also, while many industries would be impacted negatively if the starting wage were increased, three sectors would be hit the hardest: retail trade, arts, entertainment, recreation, accommodations and food services, and healthcare.
"What is bad for Cleveland's restaurants is bad for Cleveland and Ohio," said Barker. "Restaurants are the pulse of our communities, bringing Ohioans together with their friends, families and neighbors every day. They're also some of our communities' most stable employers. There are 21,921 restaurant locations currently employing 557,200 Ohioans. That's 10 percent of our state's workforce and we want to continue fueling the improvement in our state's economy by adding locations and providing opportunities for jobseekers."
Full text of the study study can be found HERE.
About the Ohio Restaurant Association
The Ohio Restaurant Association (ORA), founded in 1920, is the leading business trade association for the Ohio foodservice industry, the third-largest private sector employer in Ohio. ORA represents the interests of Ohio's $20 billion restaurant industry, comprised of 21,921 locations and more than 557,000 employees. The ORA provides its members with advocacy, information services, education and a variety of cost-saving benefits. For more information, visit www.ohiorestaurant.org.
Contact: Natalie Walston