Ny Minimum Wage 2024 Legislational. Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025 and 2026. 1, 2024, the minimum hourly wage will increase from $15.00 to $16.00 in new york city and nassau, suffolk, and westchester counties, and from $14.20 to.
Vice president kamala harris has emphasized what allies call the “care economy”: This method ensures that the minimum wage keeps pace with inflation, maintaining the purchasing power of workers’ wages.
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