New York City Minimum Wage 2025. Minimum wage for tipped workers | department of labor. As part of the fiscal year 2025 budget, governor hochul secured an agreement to increase the state’s minimum wage through 2026, with indexing to inflation.
As part of the fy 2025 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation. In the first of a series of annual increases slated for the empire state, the minimum wage increased to $16 in new york city and some of its suburbs, up from $15.
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