New York may increase minimum wage again
From the North Country Chamber of Commerce
The proposed increase will go through the formal rulemaking process. The state is accepting public comments through December 11th, which can be emailed to regulations@labor.ny.gov, though the BNP does not expect any amount of disapproving public comments to derail the proposal. The increase will take effect December 31.
If the state proceeds with the increase, it would be the tenth consecutive year the state has increased the minimum wage. Under statute, annual increases are authorized to take place until the minimum wage reaches $15 in all regions of the state.
The increase was recommended based on a statutorily required report conducted by the Division of Budget. The report correctly notes that “entry-level wages are rising above the minimum wage floor due to the fierce competition for workers.” 13.7% of upstate workers earned the minimum wage pre-pandemic; only 5.9% of upstate workers earn the minimum wage now.
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Posted: October 6th, 2022 under Business News, State Government News.
Comment from Joe Potosky
Time October 6, 2022 at 5:32 pm
Is anyone hired below the proposed minimum wage of $14.20? Suggest they just sit this one out.