The minimum wage is rising and nearly 2.8m workers will feel it. So will the businesses that employ them

By Yajush Gupta · 4 June 2026 · News

The minimum wage is rising and nearly 2.8m workers will feel it. So will the businesses that employ them

Minimum Wage Hike Looms: Businesses Scramble for Solutions

autour 2.8 million workers will soon feel the impact of a rising minimum wage. Small business owners are racing against time to decide how to absorb the change, but the options are far from ideal.

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Summary

Absorb it, raise prices, cut hours or reduce staff. Small business owners are weighing some uncomfortable options right now, with just weeks until the changes kick in.