Category: 2027-2028 Budget
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Does NYS’s Minimum Wage Law Reduce Employment?
Frederick Floss (October 12, 2026) Minimum wage is once again being considered by the NYS Legislature and Governor Kathy Hochul. In 2023, lawmakers tied the NYS’s minimum wage to inflation, but in so doing included a safety valve by providing three “off ramps” allowing the state to freeze minimum wage (Dan Clark, Capitol Confidential Newsletter,…