Cost Of Living Wage Increase 2025. In nine states, the minimum wage will rise to at least $15 an hour,. The minimum wage in new york city, long island and westchester county will increase from $16.00 to $16.50 per hour, while in the rest of the state.
Costs resulting from the increase in the national living wage and higher. Amid a tight labor market and the persistent pinch of inflation, employers are gearing up to offer pay raises in 2025.
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