Tuesday, January 6, 2015

New York's Minimum Wage Set to Rise to $8.75

New York's minimum wage will rise from $8 to $8.75 an hour on Wednesday, giving a boost in pay to some 700,000 workers.

The state is one of several raising its minimum pay rate in the new year, with increases taking effect Jan. 1 in Connecticut, Rhode Island, Massachusetts, Florida and other states.

New York lawmakers approved the increase in 2013 as part of a series of steps to bring the wage to $9 on Dec. 31, 2015.

It could go up even higher if lawmakers pass another increase in the 2015 legislative session. Supporters of a higher minimum wage are calling for a $10.10-per-hour minimum and want to give cities like New York the authority to raise it even more...

To read full article, click here.

Source: David Klepper (www.jobs.aol.com)

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