New York State Minimum Wage May Go Up To $20 An Hour
Minimum wage workers in New York State could potentially see a significant raise in their hourly rate. A new bill aims to raise the minimum wage in New York State to $20 an hour. Dubbed the 'Raise the Wage Act', the bill would incrementally increase New York's minimum wage.
Proposed New York state minimum wage legislation would boost wages for nearly 2.9 million workers. ~ Economic Policy Institute
What Is New York State's Current Minimum Wage?
The minimum wage in New York will increase each year on New Year's Eve until it reaches $15 per hour. New York City and Long Island/Westchester workers already reached $15 per hour in 2019 and 2021, respectively. Around the rest of the state, the minimum wage increased on December 31, 2022. The hourly wage will increase by $1, from $13.20 to $14.20.
Many states still have the federal minimum wage, which is ridiculously low, especially now that inflation is kicking everyone's butt. It's unbelievable that 21 states still have the federal minimum wage of $7.25 per hour. Alabama, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, New Hampshire, North Carolina, North Dakota, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Wisconsin, and Wyoming expect working people to survive off just over $7 per hour.
Senate Bill S1978A, which is sponsored by Senator Jessica Ramos and the Assembly version, A2204, if passed,
Increases the minimum wage annually; provides for the enforcement of the minimum wage; repeals certain provisions of law relating thereto.
The bill would give raises to almost 3 million New Yorkers.