Skip to content

Missouri Minimum Wage Hike ‘Isn’t Helping’ the Inflationary Environment

Missouri Minimum Wage Hike ‘Isn’t Helping’ the Inflationary Environment

January 12, 2024 Last Edit: July 18, 2024

Missouri job creators need more support from state lawmakers this legislative session.

In a conversation with KRCG Channel 13, NFIB State Director Brad Jones discussed what small business owners are hoping to see from the 2024 legislative session amid a challenging economic environment.

When asked about the recent increase in the minimum wage, which took effect on January 1, 2024, Jones warned it’ll worsen inflation, which has returned as the top business problem on Main Street.

“Raising the minimum wage isn’t helping the situation,” Jones said. “It certainly isn’t going to do anything to bring down inflation. I think a lot of small businesses are probably paying that. I think you’re also seeing that when you go to the grocery store, go out to eat or you buy a new pair of jeans.”

CLICK HERE for the full interview.

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

July 18, 2025
Illinois Added 13,300 Private Sector Jobs over the Past Year
The Illinois public sector grew by 21,700 jobs
Read More
Madison, Wisconsin - State Capitol
July 15, 2025
New Wisconsin State Budget Signed into Law
The biennial Wisconsin budget bill advanced quickly, passing in the middle…
Read More
July 15, 2025
Small Business Administration Disaster Relief Loans Available f…
Cheboygan, Charlevoix, Emmet, Mackinac, Montmorency, Otsego, and Presque Is…
Read More
July 15, 2025
Pennsylvania Summer Legislative & Budget Update
Learn more about what’s happening in Harrisburg
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility