What Is Minimum Wage In New York 2024. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027. Starting january 1, 2024, new york's minimum wage will increase to $16 per hour in new york city, westchester and long island, and $15 per hour for the rest of the state.

Trump friday criticized harris’ support for legislation in 2021 to raise the federal minimum wage to $15, noting that legislation also would have eliminated the federal “tip credit” provision. Blue for the new york times.