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Minimum wage increases to $11 in New York City

05 January 2017
Minimum wage increases to $11 in New York City

Colorado is one of 19 states increasing its minimum wage in 2017.

The first statewide increases took effect on New Year's Eve. The new law also requires employers to provide paid sick leave starting January 1, 2018. A favor for a friend who is working two jobs, now making $8.10 and hour.

The federal minimum wage is $7.25 per hour.

In Nassau, Suffolk and Westchester counties, the minimum wage increased to $10 an hour on Saturday.

And in the rest of the state, the new minimum wage is $9.70, and will increase 70 cents every year until it hits $12.50, and then continue to increase on an indexed schedule until it hits $15.

Michigan's minimum wage went up by 40-cents-an-hour on New Year's Day.

Nineteen states increased their minimum wage on January 1, thanks to a combination of recent ballot measures and phased increases from previous hikes.

The increases vary from state to state.

A recent study found that the chance of people born in the 80s earning more than their parents dropped to around 50 percent.

"I'm sure prices will go up where they can, but restaurants want to avoid sticker shock", said Fleischut. He still makes minimum wage, having to trade his home for a trailer.

And that's important to note, Vidgor said, that only initial observations can be made.

"The cost of living in New York City is very high, rent and stuff like that so if people get a raise, that's very good", said one New Yorker.

"This is the final increment of the (Arkansas Minimum Wage Initiative) that was passed by voters in 2014", said Rosalyn Miller, public relations officer of the state Department of Labor.

Prior to the new year and higher wages, University of Washington Economics Professor Jacob Vigdor told KIRO Radio there had been "no wondrous benefit" from the higher wages. On Thursday, the Arizona Supreme Court refused to temporarily block the raise.

- In Montana, the minimum wage will increase from $8.05 to $8.15.