Ny Minimum Wage 2024 Projections By County. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027. On may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state's minimum wage, effective on.
This method ensures that the minimum wage keeps pace with inflation, maintaining the purchasing power of workers’ wages. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027.
Ny Minimum Wage 2024 Projections By County Images References :