Michigan Chamber of Commerce issued the following announcement on Dec. 5.
The Michigan Chamber applauds the Michigan Senate and House for passing legislation to make Michigan’s new minimum wage law workable for employers. The Legislature adopted a ballot proposal in September that, if left to stand, would have taken the minimum wage from $9.25 to $12 per hour by January 1, 2022. This would have resulted in Michigan having one of the highest minimum wage rates in the country, thereby making Michigan uncompetitive in the race for jobs and forcing many employers to make tough business decisions, including cutting back staffing hours, increasing costs and reducing other investments in employees or the business. Michigan's minimum wage already outpaces Indiana ($7.25), Illinois ($8.25), Ohio ($8.10) and Wisconsin ($7.25).
Original source can be found here.
Source: Michigan Chamber of Commerce