New York has seldom seen an executive initiative as politically radical or economically reckless as Gov. Cuomo’s proposal for a $15-per-hour statewide minimum wage. Read More
Tag: Economy
One of New York State's highly touted high-tech "investments" just shorted out. General Electric announced today it is pulling the plug on its Durathon battery project, which is manufactured by a Schenectady-based subsidiary, GEMx Technologies. The project, which for a time employed more than 350 people, was awarded $12.5 million in "JOBS Now" capital funding from the state Empire State Development Corp. in 2013. Read More
Governor Andrew Cuomo wants New York to be become the first state in the nation to mandate a minimum wage of $15 an hour—more than double the federal minimum. Read More
Governor Andrew Cuomo’s proposal to increase the minimum wage to $15 an hour would cost New York between 200,000 and 588,800 jobs, according a report released today by the Empire Center for Public Policy. Read More
E.J. McMahon, president of the Empire Center, joined Fred Dicker to discuss the latest upstate jobs numbers. Read More
Wall Street is gaining ground despite recent economic developments, according to a report by New York State Comptroller Tom DiNapoli. Read More
Even with minimum wage increases cropping up around the nation, Gov. Andrew Cuomo’s $15-an-hour proposal stands out for directing so much more money to so many workers. Read More
How would a proposed $15-per-hour statewide minimum wage compare to current pay ranges and historical precedents in New York? Read More