Ny Minimum Wage 2024 Projection. Comparison of new york state and u.s. Under current projections 1 for inflation and labor productivity, as shown in table 1, indexing the minimum wage to changes in prices and productivity would increase new york city’s.
On may 3, 2023, new york gov. New york minimum wages would increase by $2 an hour over the next three years and then rise annually based on inflation going forward, under a plan gov.