Sunday
Dec142025
What's New? Minimum Wage Increase in New York State
Sunday, December 14, 2025 at 10:27AM by
Banking Spectrum We remind you that the the minimum wage in New York State will increase by an additional 0.50 cents per hour starting January 1, 2026. This adjustment sets the new minimum wage at $17.00 per hour for New York City, Westchester, and Long Island, and $16.00 per hour for the rest of the state. Governor Hochul notes that this increase is intended to help lighten the burdens of inflation and rising costs of living for the lowest earners across the state. This change is part of a multiyear agreement that schedules subsequent annual increases starting in 2027 which are indexed to regional inflation.
For more information visit the NY State website.Save & Close

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