Ny Minimum Wage 2024 Projection Of. Those increases will bring the minimum wage to $17 in the new york city area and $16 an hour in upstate new york, up about 12.7% from the current level in the. The 2024 new york minimum wage varies by geographic location and sometimes by industry.
On december 31, 2021, the minimum wage increased to $15 per hour on long island and in westchester, matching the $15 hourly minimum already set in new york city. Data are currently available for all published occupations in new york state.
Projections Offer Additional Information On Annual Wages (Mean, Median, Entry And Experienced), And Measures Of Education.
The increase hits paychecks starting jan.
Pursuant To Legislation Signed By New York Governor Kathy Hochul, New York’s Minimum Wage Will Gradually Increase Through 2026 To $17/Hour In New York.
As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state’s minimum wage through 2026, with indexing to inflation.
Ny Minimum Wage 2024 Projection Of Images References :
Here's A Look At How The Minimum Wage Increase Breaks Down For Ny, Nj And Ct.
After the initial increase, the minimum wage will increase by $0.50 in 2025 and 2026.
Effective January 1, 2024, The Minimum Wage Will Increase To $16 Per Hour In New York City And Nassau, Suffolk, And Westchester Counties, And To $15 Per Hour In.
