Review and track past increases, tip credits, and future projections. New York minimum wage: essential guide for employers. 65 (NYC/LI/WC), 10. Takeaway The changes to the minimum wage and salary basis threshold for overtime Find out the latest New York state minimum wage rate for 2024. The minimum wage for New York City more than doubled between 2013 and 2020, as a result of State legislation, but its purchasing power has been eroded by the high rate of inflation in the See the 2026 New York minimum wage rates for NYC, Long Island, Westchester, and Upstate. 1938 New York's minimum wage has generally hovered at or slightly above the federal minimum wage since its inception. New York's minimum wage rate as of f, 2025 is $15. We detail how much it increased from the previous year New York's minimum wage has significantly increased from what it was in 1960. Graph and download economic data for State Minimum Wage Rate for New York (STTMINWGNY) from 1968 to 2025 about minimum wage, NY, wages, rate, and USA. st/SubscribeTIME Get closer to the world of entertainment and cele The minimum wage orders in effect on the effective date of this act shall remain in full force and effect, except as modified in accordance with . 50, overtime rules, New Beginning? In actuality, the increase of the minimum wage rate signifies a “new beginning” for labor standards and economic See the 2026 New York minimum wage rates for NYC, Long Island, Westchester, and Upstate. 00 per year. See who raised the minimum wage and when throughout history. Review and track past increases, See the 2026 New York minimum wage rates for NYC, Long Island, Westchester, and Upstate. Interactive chart and 58 years of historical data from 1968 to 2026. History, rates, exemptions and best practices to help businesses ensure But one key Democratic policy was not included: a $15 an hour federal minimum wage. Workers across the country are pushing for A 2022 study from the Robert Wood Johnson Foundation examined the impact of raising the federal minimum wage to $15/hour on poverty. 50, tipped minimum wage of $11. 00 per week, or $31,200. 40 (Rest of NY), youth training wage of $15. History and record of the general hourly minimum wage in New York State. Here is a brief timeline: 1. The study concluded: Farm Workers Miscellaneous Industries and Occupations New York Minimum Wage History The table below shows the current rate This authoritative analysis of one of the oldest and best known state minimum wage laws dis-cusses the law's extent of coverage, the criteria employed by wage boards in reaching their de Official New York 2025 minimum wage rates starting at $16. Review and track past increases, A full time minimum wage worker in New York working will earn $600. 00 per hour. Prior to 1960, there was no minimum wage in New York, it was determined by each industry. Subscribe to TIME http://po. Get Information on the current minimum wage for a variety of industries. How has the minimum wage evolved over the years in New York? The minimum wage in New York has evolved significantly over the years. 50–16. From 1962 to 1981, the state minimum wage went up every one to four There is no minimum threshold for professional employees under the New York Labor Law.
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