24 Feb 2020

Guam business warns over increasing minimum wage

2:43 pm on 24 February 2020

The Guam Chamber of Commerce has pleaded with the government to delay its minimum wage increase.

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Photo: Guam Visitors Bureau

The chamber sent a letter to the governor, in response to her statements that she would not support legislation to delay the hike.

The Pacific Daily News reports the minimum wage is due to go up 50 cents to $8.75 on 1 March.

The chamber stated it was very concerned for almost 50,000 private sector employees whose jobs, it said, were threatened.

The chamber wants to push back the increase until September.

It said with tourists cancelling travel over the global coronavirus, numbers had dropped drastically for one of Guam's primary economic pillars and it would be inappropriate to increase the wage at a time of "economic tension".

However, Governor Leon Guerrero said she saw the increase as "an investment into our human resources".