Situation Report | December 21, 2020
Last week, the state Department of Labor (DOL) issued a press release indicating that the state minimum wage phase-in will continue and go into effect December 31, 2020 for the remaining regions of Long Island, Westchester County and Upstate New York.
According to the press release, a statutorily required report issued by the state Division of Budget (DOB) found the Upstate, Long Island and Westchester labor markets, where the minimum wage is scheduled to rise, are leading New York’s economic recovery from the downturn caused by the global pandemic.
The report also found that the state had achieved record low unemployment following four years of increases to the minimum wage. In addition, the report showed that minimum wage workers were disproportionately impacted by the pandemic’s economic toll.
Click here to read the report in its entirety.
New York City met the $15 per hour minimum wage requirement for companies with 10 or fewer employees in New York City last year. The minimum wage will rise to $14 per hour on Long Island and in Westchester, and to $12.50 in the rest of the state by year end.