Governor Andrew Cuomo today announced a report by the State Department of Labor detailing the impact of a $15 minimum wage for New York workers and their families. In total, 2.3
million New Yorkers will earn higher wages and as a result, increase
spending power by more than $15.7 billion across New York State. The
Governor is urging the State Legislature to pass his phased-in minimum
wage proposal this session.
“If you work full time, you shouldn’t have
to live in poverty – which is why it’s time for New York to lead the way
and pass a $15 minimum wage,” Governor Cuomo said.
“This report demonstrates that raising the minimum wage will provide
new opportunity and restore economic justice to millions of New Yorkers.
Our proposal will lift families out of poverty and create a stronger
economy for all, and I urge lawmakers to help us fight for fair pay for
working families this year.”
The full report is available here.
Source: Press Office, Governor Andrew M. Cuomo.
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