Global Business Outlook Survey - Third Quarter, 2014
832 views · Published 9 September 2014 · 4:01 · Indexed 29 October 2026
Channel: Duke University - The Fuqua School of Business · 2014 · Education
Chief financial officers in the U.S. say a hike in the minimum wage to $10 to $15 an hour (from the current federal standard of $7.25) would result in immediate layoffs and significantly curtail future hiring at firms that would be affected by these wage hikes. These are just some of the findings of the latest Duke University/CFO Magazine Global Business Outlook Survey. Duke professor John Graham discusses the minimum wage results, plus shifts away from labor towards machinery, and the economic outlook around the world. For more information, visit cfosurvey.org. ... or visit: http://www.fuqua.duke.edu/news_events/news-releases/1053493/#.VBxp8vldV8E
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