The introduction of a minimum wage at the end of the Great Depression was largely a success, but the verdict in more recent times is more mixed. Let’s look at some of the key developments concerning today’s minimum wage.…
In Otsego County, Hourly Wage Will Rise To Only $12.50 By 2021 In New York City, Minimum Wage Will Go To $15 FROM TODAY’S NEW YORK TIMES: Gov. Andrew M. Cuomo and state legislative leaders announced on Thursday that they had reached a budget agreement that would raise the minimum wage in New York City to $15 by the end of 2018, but initiate slower increases elsewhere, even in the city’s wealthy suburbs. For Mr. Cuomo, the wage agreement came with clear…