Notes from the 9/13 Small Business Committee
October 24, 2018
In case you missed the Economic Development Committee Meeting on 9/13/18, details of the meeting are included below.
- Jeremy Thompson, Senior Policy Analyst at Mass Budget & Policy Center walked us through who will be affected by a minimum wage increase to $15 by 2023. His presentation can be accessed here.
- Commonwealth’s Melissa Gopnik shared a data-driven presentation on how employers can use the wage raise increase as an opportunity to build employee financial security and improve business outcomes.
- Katie Liesener and Alex Gray from the City of Boston, discussed BostonHires, a hiring campaign launched by the City of Boston, to promote quality jobs for Boston residents. Employees who hire Boston residents at or above the living wage (currently $14.82/hour) over the next few years, might consider signing up to become a BostonHires Champion or Advocate. Learn more about BostonHires here.
- Brian Clarke, Federal Reserve Bank of Boston’s Senior Strategy Manager, shares highlights from the Federal Reserve Bank’s most recent 2017 Small Business Credit Report. The Federal Reserve System launched a new website (fedsmallbusiness.org) that includes analysis from the Small Business Credit Survey.