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Strengthening New Hampshire’s Minimum Wage

Raising the minimum wage is one way New Hampshire can start to build an economy that works for everyone.

NH Minimum Wage Worker statisticsNew Hampshire is frequently touted as a top place to live, work, and raise a family.  In many ways, that’s true, but, for someone earning the minimum wage, it is a real struggle just to get by.  If you work full time and are paid the minimum wage, currently $7.25, you earn less than $300 per week.  That’s barely enough for the rent, let alone utility bills or groceries.

If New Hampshire’s minimum wage were increased to $9.00 per hour, it would improve economic security for nearly 76,000 workers across the Granite State.  The vast majority of those workers – 72 percent – are adults aged 20 or older.  Most – 59 percent – are women and most work at least half-time. Roughly 21,000 children in the state have a mother or father who would experience a pay raise from a higher minimum wage.

Of course, workers and families are not the only ones who would benefit from a higher minimum wage. Businesses could see real benefits too.

On average, those who would be affected by a $9.00 minimum wage would see their pay go up by $870 per year. Since someone earning the minimum wage, out of necessity, spends every dollar he or she earns, that boost in pay will, in turn, boost the bottom lines of stores, shops, and businesses in the communities where they live.  Just as that $870 will mean more food on the table, gas in the car, or heat in the apartment, it will also mean more money in the cash registers of supermarkets and other businesses.  All told, a $9.00 minimum wage would mean $64 million in additional wages being paid out into the New Hampshire economy over the next two years.

In short, a strong minimum wage will help New Hampshire’s working families, businesses, and economy.

 

 

NHFPI Publications and Presentations

High Cost of Living States Adopting Higher Minimum Wages
NHFPI Common Cents blog, April 24, 2014

Granite State’s Young Adults Support Increase in Minimum Wage
NHFPI Common Cents blog, April 11, 2014

Regional Impact of Raising New Hampshire’s Minimum Wage
NHFPI Fact Sheet (with Regional Impact Calculator), April 7, 2014

Purchasing Power of Minimum Wage in Manchester 15th Lowest in US
NHFPI Common Cents blog, March 28, 2014

Inflation Indexing Helps to Maintain a Strong Minimum Wage
NHFPI Common Cents blog, March 19, 2014

Long Since Due: An Increase in New Hampshire’s Minimum Wage
NHFPI Issue Brief, March 12, 2014

Towards an Adequate Minimum Wage in New Hampshire
Presentation to UCC Prepared to Serve Conference, February 22, 2014

Study Finds 83 Percent of Granite State’s Recent Income Growth Collected by Top 1 Percent
NHFPI Common Cents blog, February 19, 2014

Testimony before the NH House Labor, Industrial and Rehabilitative Services Committee
Testimony by Jeff McLynch, February 11, 2014

Who in New Hampshire is Helped by Raising the Minimum Wage?
NHFPI / Economic Policy Institute Illustration

 

NHFPI News and Commentary

The Reality Is Far Less Scary
Foster’s Daily Democrat, editorial response by Jeff McLynch, May 2, 2014

Ends Don’t Meet on $7.25 an Hour
Valley News, column by Jeff McLynch and Elissa Margolin, April 27, 2014

My Turn: Plenty of Good Reasons to Raise the Minimum Wage
Concord Monitor, column by Jeff McLynch, March 11, 2014

Minimum Wage Increase in NH: Yes or No?
WMUR NH’s Business, interview with Jeff McLynch, March 9, 2014

Reasons to Raise the Minimum Wage
Nashua Telegraph, column by Jeff McLynch, March 7, 2014

A New Minimum Wage for New Hampshire?
NHPR The Exchange, interview with Jeff McLynch, January 7, 2014

Raising the Minimum
Business NH magazine, column by Jeff McLynch, January 2014

 

NHFPI Press Releases

Senate Rejects Minimum Wage Increase, Denies a Raise to Nearly 76,000 Granite Staters
May 8, 2014

Senate Finance Committee Opposes Higher Wages for Nearly 76,000 Granite Staters
April 29, 2014

Senate Finance Committee Considers Increase to Minimum Wage
April 22, 2014

NH House Votes to Increase State Minimum Wage
March 12, 2014

House Committee Votes in Favor of Increase to Minimum Wage
February 19, 2014

NHFPI Voices Support for Increase to State Minimum Wage
February 11, 2014

NHFPI Statement on Governor’s Support of Minimum Wage Increase
February 6, 2014

 

News and Commentary

N.H. Senate rejects minimum wage hike
The Eagle Tribune, May 9, 2014

N.H. Senate Republicans defeat bill to raise minimum wage
Concord Monitor, May 9, 2014

NH Senate kills efforts to raise minimum wage
Nashua Telegraph, May 9, 2014

Senate kills minimum wage increase
Union Leader, May 9, 2014

Governor, House speaker back bill to increase minimum wage in NH
Nashua Telegraph, April 23, 2014

A strong minimum wage helps the whole economy
New Hampshire Business Review, column by David Hills and Alison Pyott, April 4, 2014

Sen. Hosmer campaigning to establish N.H. minimum wage of $9 per hour
Laconia Daily Sun, March 15, 2014

Hosmer talks minimum wage increase
The Citizen of Laconia, March 15, 2014

N.H. minimum wage advances in the House
Eagle Tribune, March 14, 2014

N.H. House votes to raise minimum wage
Concord Monitor, March 13, 2014

House supports two-step minimum wage increase
Nashua Telegraph, March 13, 2014

N.H. House OKs indexed minimum wage hike
NH Business Review, March 13, 2014

House passes minimum wage hike 
Union Leader, March 12, 2014

State House Memo: Raising minimum wage will start to address inequities
Concord Monitor, column by Rep. Terie Norelli,March 12, 2014

Minimum wage subsidizes big businesses
Nashua Telegraph, column by Rep. Terie Norelli, March 12, 2014

Raising minimum wage a matter of fair labor costs
Nashua Telegraph, column by Tom Hawkins, March 11, 2014

It’s time to raise the minimum wage in N.H.
Portsmouth Herald, editorial, February 21, 2014

State House Memo: Let’s give New Hampshire’s hardest workers a raise
Concord Monitor, column by Reps. Jan Schmidt, Rebecca Emerson Brown and Sally Kelly, February 16, 2014

N.H. House hearing on minimum wage draws crowd from both sides
Concord Monitor, February 11, 2014

Raising the floor
Valley News, editorial, January 5, 2014

 

Additional Resources

2014 WMUR Granite State Poll: Minimum Wage

Raise the Wage NH website

New York Times interactive state minimum wage calculator

 

Connect with NHFPI

Common Cents Blog

Homeowner Property Tax Rebate: Time to Apply, Time to Improve

2 May 2016

tree with coins

Late last week, the Department of Revenue Administration (DRA) announced that the application period for New Hampshire’s Low- and Moderate-Income Homeowners Property Tax Relief Program opened May 1. Anyone who is interested in applying – or who would like to help a friend, family member, or client apply – can obtain the necessary forms from DRA’s website. Applications must be submitted by June 30. As critical as those rebates can be to individuals and families struggling to make ends meet, the program today is quite modest, both in comparison to other states and in relation to its former size.