New York's Governor Wants to Raise Minimum Wage to $10.50
New York's governor, Andrew Cuomo, announced this Sunday that he will propose legislation seeking to increase the state's minimum wage to $10.50-an-hour, the highest among U.S. states. The state minimum is currently $8.75. Governor Andrew Cuomo's plan falls in line with other states and municipalities--at the behest of voters--moving ahead with increases in the face of inaction at the federal level. The debate continues however over whether anything less than $15, the new minimums first in Seattle and more recently San Francisco, is enough.
"Governor Cuomo's proposal is also a missed opportunity to raise the wage to what New Yorkers really need," Karen Scharff, director of Citizen Action of New York told Bloomberg News. "New York should be a national leader by raising the minimum wage to $15 an hour."
Notably, Cuomo's plan won't give municipalities like New York City the power to determine their own increases--but it does propose to increase the city's minimum to $11.50-an-hour.
(h/t Bloomberg)