New York City’s $15 Minimum Wage Is Now Officially a Disaster | The National Interest: New York City’s $15 minimum wage, which began to take effect Dec. 31, 2018, was meant to bolster earnings and quality of life, but for a lot of residents, it’s doing the opposite.
Democratic New York Gov. Andrew Cuomo signed legislation in 2016 to increase the New York York State’s minimum wage to $15.00/hr. The lowest minimum wage in NY at the time was $9.60. NYC’s “big employers” (11 or more employees) were the first to be forced to increase minimum wage pay toward the end of 2018. The rest of NYC’s smaller-scale businesses won’t have to pay up until December of 2019, according to data on Cuomo’s website.
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