Jeffrey D. Klein's posts related to Minimum Wage

Senator Klein and IDC Release Economic Report Outlining New Evidence in Support of a Minimum Wage Increase

 

ALBANY, N.Y. - Building upon growing momentum in support of a minimum wage increase, the Independent Democratic Conference today released a new economic report underscoring the importance of raising the minimum wage to New York’s female and minority workforce. According to the report, New York’s low-wage women and minority workers will experience an increase in earnings by over one billion dollars if the minimum wage is increased to $8.50 or $8.75. This cross-section of low-wage workers is critical to New York’s economy since, as the report illustrates, women and minority workers make up a disproportionate number of New York’s minimum wage workers.

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Independent Democratic Conference Minimum Wage Report 2013

Introduction

New York’s minimum wage is currently $7.25 an hour, which equals the federal minimum wage. The neighboring states of Connecticut, Vermont, and Massachusetts all have higher minimum wages than New York currently.  A person working 40 hours a week for 52 straight weeks would earn $15,080 a year, and many workers making the minimum wage aren’t scheduled to work that many hours in a week or work that many weeks, meaning that they likely make less than $15,000 a year. Given the high cost of living, especially in New York City and surrounding counties, making just $15,000 a year, even for a single person without dependents, means having barely enough to provide basic needs or afford one’s rent.

File: 
IDC Minimum Wage Report 2013

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Senator Jeff Klein speaks on the Senate Budget Resolution in Senate Session - March 11, 2013 .

Senator Klein discusses the one house budget resolution on the floor of the Senate on Monday, March 11, 2013. This budget resolution was crafted by a bipartisan coalition.

INDEPENDENT DEMOCRATIC CONFERENCE LAUNCHES 2015 POLICY AGENDA “INVEST NEW YORK”

IDC Unveils 15 Innovative Investments that will Create Long Term Stability, Security and Sustainability for all New Yorkers

Proposals Invest in New York Workers, Students, Seniors and Families and Support a Significant Expansion in New York State Schools, Housing, and Communities

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