Minimum Wage 2024 Nyt

Minimum Wage 2024 Nyt. This year’s nlw increase is also set to be the third largest (real terms) annual. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027.


Minimum Wage 2024 Nyt

Starting january 1, 2024, new york’s minimum wage will increase to $16 per hour in new york city, westchester and long island, and $15 per hour for the rest of the state. A 2021 pew research poll found roughly 62 percent of americans support raising the federal minimum wage to $15, a percentage that could rise as more workers experience.

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