Governor Andrew Cuomo has embraced the “fight for $15,” pledging to make New York the first state to impose a $15-an-hour minimum wage on virtually its entire private-sector workforce. How would a universal $15 minimum wage affect employment prospects for New York’s poor and unskilled? Read More
Tag: Minimum Wage
The statewide $15 minimum wage proposed by Governor Andrew Cuomo would cost New York at least 200,000 jobs, with the most severe impact felt in upstate regions that are already struggling to create jobs, E.J. McMahon, president of the Empire Center, testified today. Read More
E.J. McMahon, president of the Empire Center, testified before the Senate Labor Committee on the impact of Gov. Andrew Cuomo's proposal to impose a $15 statewide minimum wage. Read More
The Empire Center for Public Policy has produced a new online video series in which a dozen New York State employers explain how their hiring patterns would be affected by a proposed $15-an-hour minimum wage. Read More
As part of his ongoing push for a statewide $15 minimum wage, Governor Andrew Cuomo repeatedly has denounced what he calls “the mother of all corporate loopholes.” In Buffalo this week, he amped up his rhetoric, reportedly charging that “business is stealing from taxpayers of this state.” Cuomo wasn’t referring to any of the notable business tax giveaways he has personally promoted, such as the $420 million a year the state doles out to wealthy film and TV producers, or the state's $750 million speculative investment in billionaire Elon Musk’s solar panel factory in Buffalo, or the 100 percent tax exemptions that will flow to the handpicked corporate occupants of START-UP NY zones. Read More
A report released last week by the conservative Empire Center for Public Policy said Cuomo’s plan would cost the state up to 588,800 jobs, including up to 273,800 in the city. Read More
Raising the minimum wage to $15 an hour could cost the state nearly 200,000 jobs, a new report by The Empire Center argues. Researchers also said that number could be on the conservative end. Read More
A new report by an Albany think tank estimates that the state would lose between 200,000 and nearly 500,000 jobs if it raised the minimum wage to $15 an hour. Read More