New York State Minimum Wage Rises to as Much as $17 an Hour but Leaves Some Unhappy
- New York State is raising the minimum wage to as much as $17 an hour depending on location over the next several years.
- Future increases in the minimum wage will be tied to the inflation rate.
- The new minimum wage will be higher than the federal minimum wage of $7.25 an hour but lower than some other high-cost states.
- Labor activists argue the increases are too modest while business groups warn of potential negative impacts like price inflation and job losses.
- The wage increases are expected to benefit hundreds of thousands of low-income New Yorkers but the amount of the raises remains controversial.