Economy

NY fast-food workers get latest minimum wage increase

NY fast-food workers get latest minimum wage increase

Minimum wage workers in 18 states will get a pay hike next week when higher wage floors go into effect around the country for 2018.

He continued: "In addition to removing some of the lowest paid people out of the USC net, this fourth increase in the minimum wage is an important part of Fine Gael's efforts to ensure that the economic recovery is fair and benefits everyone in society".

The new figure will be set at €9.55 per hour - an increase of 30c per hour.

Assemblyman Andy Goodell, R-Jamestown, said many economic studies have been done that show there will be a loss of entry-level jobs as the wages in NY state increase.

However, Goodell said he does sympathize with the working poor and how hard it is to balance a budget on minimum wage.

There's some good news for Ohio's minimum wage workers.

More news: Jai Ram Thakur takes oath as new chief minister of Himachal

The federal minimum wage has not increased since 2009 and the purchasing power of the minimum wage has steadily declined for decades. The increase will be phased in over a longer period for workers in the rest of the state. Then, the wage will increase according to a formula.

The fast food restaurants required to pay the minimum wage are also defined by the agency.

The voter-approved law originally required tipped employees like waiters and waitresses to make minimum wage regardless of how much they made in tips.

Gov. Andrew Cuomo included the wage increase in the 2016 Built To Lead Agenda.

Starting Monday, small companies - those with 25 or fewer employees - will have to pay workers at least $10.50 an hour, up from $10.


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