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(Studio) Hike in minimum wage is now halfway through Congress, having been passed by House on Thursday
REPORTER: Walter Cronkite
(New York City) Report on effects of increase of minimum wage; details of proposal now before Congress listed. Bus. and labor are divided with regard to effects. [AFL-CIO pres. George MEANY - says it will mean largest wage increase under Min. Wage Law that he knows of.] [United States Chamber of Commerce spokesperson Richard LESCHER - says people on lower end of totem pole will lose, because increase in minimum wage means lost jobs. Notes Meany doesn't seem to care.] Possible effects of bill on teenage employment, and refusal of House to pass 2 other labor measures noted. Senator now takes bill; before becoming law, many changes may be made.
REPORTER: Ray Brady
- Brady, Ray;
- Cronkite, Walter
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