New York Mulls Minimum Wage Increase

The New York Assembly is considering a bill that would increase the minimum wage in the state from $7.25 to $8.50 an hour, the Wall Street Journal reports.

Since 2008, the number of people earning minimum wage in New York has jumped from 6,000 to 91,000 (yes, seriously), while the number of people earning below-minimum wage remained about steady at 100,000. The rise can partially be attributed to the number of workers who were making $7.25

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