Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

hrmjustin

(71,265 posts)
Mon Jun 16, 2014, 10:03 AM Jun 2014

Raising city minimum wage to $13.13 would generate $6 billion a year, controller study finds

ERIN DURKIN

Raising the city’s minimum wage to $13.13 an hour would generate $6 billion a year in new wages and put an extra $100 in the pockets of 1.2 million New Yorkers each week, a new report found.

Gov. Cuomo recently embraced a proposal to raise the state minimum to $10.10 and let localities boost their own wages by up to 30% on top of that — meaning the city could raise its rate to a high of $13.13.

“New York City deserves the ability to set its own minimum wage,” said city Controller Scott Stringer, who did the analysis.

“We are falling behind other states and cities when it comes to the minimum wage, despite the fact that this is the most expensive city in which to live in the nation.”


Read more: http://www.nydailynews.com/news/politics/exclusive-max-benefits-minimum-wage-article-1.1830853#ixzz34oKeWHJL

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Raising city minimum wage to $13.13 would generate $6 billion a year, controller study finds (Original Post) hrmjustin Jun 2014 OP
Minimum wage demonstrators firing up hrmjustin Jun 2014 #1
Rally: $8 wage can't buy minimal lifestyle in state hrmjustin Jun 2014 #2
Latest Discussions»Region Forums»New York»Raising city minimum wage...