State Minimum Wage 2024 Ny

State Minimum Wage 2024 Ny.  — enacted as part of the state's budget legislation, increases to the minimum wage beginning in 2027 and beyond will be indexed to the consumer price index. 1, 2024, the minimum wage in new york city, westchester and long island rose to $16 per hour, while the rest of new york state is at $15 per hour.

After the initial increase, the. The statewide $15 minimum wage will lift the earnings of about a quarter of the state’s total workforce and result in $15.7 billion of direct economic gains.