Governor Cuomo Announces Report Detailing Impact of $15 Minimum Wage in Capital Region
Governor Andrew M. Cuomo today announced a report by the State Department of Labor (available here) detailing the impact of a $15 minimum wage for New York workers and their families. In total, 2.3 million New Yorkers will earn higher wages and as a result, increase spending power by more than $15.7 billion across New York State. The Governor is urging the State Legislature to pass his phased-in minimum wage proposal this session.... (READ FULL ANNOUNCEMENT)
Minimum Wage Forum - Full Video
In his State of the State address last week, New York Governor Andrew Cuomo repeated his vow to phase in a $15 an hour minimum wage across the state by 2021.
Cuomo has already raised the minimum wage for state and SUNY employees by executive order. Fast food workers have also been promised a $15 minimum wage.
Lawmakers voted in 2013 to increase New York's minimum wage to $9 dollars an hour by the end of 2015 and now the governor’s proposal would raise the minimum wage dramatically higher — to $15 over the next 5-years. The legislature will decide this session whether to approve the change.
Business groups in the state adamantly oppose Coumo's proposal, warning that raising the minimum wage by such a large amount will hurt the upstate economy and small businesses still struggling to recover from the recession.
Mountain Lake PBS invited workers, businesses, economists, and a studio audience to attend a community forum to discuss the pros and cons or raising the minimum wage.
Our town hall style forum was held Monday, February 1st at 6pm in our Mountain Lake PBS studios in Plattsburgh, NY. The 60-minute forum was taped to air during a special edition of Mountain Lake Journal on Friday, February 5th at 8pm.
For more, watch this extended interview with Prof Barry Eidlin on Minimum Wage in Canada.