On the recordMay 23, 1996
last Wednesday, May 15, the Committee on Small Business held a hearing to listen to the concerns of small business owners who would be faced with some very unfavorable choices if the minimum wage is increased--denying unskilled workers the opportunity to learn a job and build their skills, and reducing hours for those currently on their payroll, to make the ledger balance at the end of the week. One of our witnesses, Mr. Taalib-Din Uqdah, owns a business here in Washington, DC, called Cornrows and Co. He started his business in 1980 with $500. He now employs 12 full-time people, including himself and his wife, and grosses about $500,000 annually. He said in very clear, plain terms that an increase in the minimum wage will force him to deny job opportunities to those in our community that need it the most.
Source
govinfo.gov
