New York City is among four proposals nationwide to raise state or citywide minimum wages in 2026, alongside a new federal bill
New York City proposed new legislation this week that would nearly double the citywide minimum wage — which increased to $17 in January — to $30 an hour by 2030 for large businesses and $29 an hour by 2031 for smaller businesses.
The “30 For Our City” bill, which was proposed by Brooklyn City Council Member Sandy Nurse and is supported by labor leaders, other progressive council members, and New York City Mayor Zohran Mamdani, is currently being considered by City Council.
“The math ain’t mathing,” Nurse said at a press conference in front of City Hall on Tuesday. “The wages aren’t adding up. The wages are too low, and the cost of living is too high.”...
RSK: I think you would see many businesses hanging it up, especially fast food and low margin chains....just too little profit to risk it.
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- - Volume: 26 - WEEK: 13 Date: 3/24/2026 5:42:53 PM -