Minimum Wage Ny 2024 Impact On Employment

Minimum Wage Ny 2024 Impact On Employment. The minimum hourly wage that will go into effect in 2026; For 2024, the minimum wage in new york city, westchester and long island will be $16 per hour.


Minimum Wage Ny 2024 Impact On Employment

Specifically, the minimum wage is scheduled to increase on january 1, 2024 to $16.00 per hour for new york city and the counties of nassau, suffolk and. Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025.

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