Feedback at 5:00- Minimum Wage

People are rallying around the country today, demanding an increase in the federal minimum wage.

Supporters of a bill introduced in the Senate earlier this year want the rate raised from $7.25 an hour to $9.80.

Michigan's basic minimum rate, per hour, is a little higher than the federal rate at $7.40.

They say pay hikes would stimulate the economy, because people would be more likely to spend their raises.

But opponents say there's a catch, and raising the wage would actually cause thousands of workers to lose their jobs because of the higher costs of hiring and training.

For tonight's “Feedback at 5:00,” where do you stand on the issue?