Increase in Minimum Wage: New York Agrees to Pay Workers $15 Per Hour According to New Budget Deal
The New York State Senate has announced a budget deal that will gradually increase the minimum wage to $15 an hour. Sen. James Seward, who made the announcement, revealed that the Republican-controlled Senate plans to vote on budget bills Thursday night.
Under this deal, workers in New York City will see the minimum wage reach $15 an hour by December 31, 2018. However, Upstate New York workers will reach this milestone at a later date, with specifics yet to be determined. The minimum wages in Upstate New York will gradually increase to $15 per hour starting from December 31, 2023.
The budget deal includes the gradual rise of the minimum wage, making New York the state with the highest minimum wage in the nation once it is fully implemented. The article published on a website administered by Matthew McIntosh does not provide any information about the specific details of the budget deal beyond the minimum wage increase.
It's important to note that the article does not offer any insights into the potential impact of the minimum wage increase on businesses or the economy. Nor does it provide any information about the author's feelings or opinions on the matter.
As the minimum wage increase timeline for Upstate New York workers is yet to be confirmed, more details are expected to emerge in the coming days. The implementation of this gradual increase is a significant step towards ensuring fair wages for workers across New York State.
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