Speaker Benjamin Cruz earlier today reintroduced legislation to raise Guam’s minimum wage, without further studies required.
If enacted, Cruz's measure, Bill No. 20-34, would require employers to pay their workers no less than $9.20 an hour on Oct. 1, 2017, and $10.10 an hour beginning in October 2018.
“While some people will always oppose minimum wage increases for personal, philosophical or political reasons – the facts are in,” Cruz said. “Whether you agree or not, the independent study sought by our opponents says we can help working families earn a little more, and we can do it without the collapse of our economy – just as we have been doing in the near 80-year history of minimum wage in this country.”
Economic impact study
Cruz said he introduced the legislation after an economic impact study, released by the Guam Department of Labor Friday, confirmed the positive impact the 2015 minimum wage increase had on Guam’s leading economic indicators.