Today, the Federal Minimum Wage increased from $6.55 to $7.25. Based on much of the chatter on the web, there seem to be two distinct sides on this issue. 

1) The Jobseekers

Now, as you would imagine (or maybe you are currently employed at the minimum wage) those whose paycheck is affected by this are extremely happy. Based on a full-time 40 hour workweek, that represents almost a $1,500 yearly pay increase. This can be quite a lifesaver for many of the 4.5 million estimated minimum wage hourly workers. 

2) Employers

For many employers, this mandate couldn't have come at a worse time. Profits in many sectors are being squeezed due to the recession. Also, many employers are now facing a dilemma with their usual summer hiring since their payroll is now considerably higher than expected. 

Whichever category you fall in, EmploymentGuide.com has solutions for you. For jobseekers, find the nearest Putting America Back to Work job fair near you and talk to employers that are ready to hire. For employers, visit our Employer Center and find out how EmploymentGuide.com can meet all your hiring needs. 

Just some light food for thought as we head into this weekend. TGIF!