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Department of Labor

Minimum Wage Increase In NY: Here's How Much It Will Rise As New Year Begins Minimum Wage Increase In NY: Here's How Much It Will Rise As New Year Begins
Minimum Wage Increase In NY: Here's How Much It Will Rise As New Year Begins As the New Year draws closer, New York Gov. Kathy Hochul is reminding residents that the state's minimum wage will increase as soon as the ball drops.  Beginning on Monday, Jan. 1, the minimum wage in New York City, Westchester County, and Long Island will go up to $ 16 per hour, and $15 per hour for the rest of the state, Hochul reminded residents on Wednesday, Dec. 27.  Earlier Report - Minimum Wage To Go Up In New York: Here's When, How Much Additionally, the minimum wage for home care aides will increase to $18.55 per hour in New York City, Westchester, and Lon…
Minimum Wage To Go Up In New York: Here's When, How Much Minimum Wage To Go Up In New York: Here's When, How Much
Minimum Wage To Go Up In New York: Here's When, How Much To help those struggling with rising costs, New York Gov. Kathy Hochul has announced that the state's minimum wage will be increasing when the new year begins.  Effective on Monday, Jan. 1, the minimum wage in Westchester County, Long Island, and New York City will increase to $16 per hour, and $15 per hour in the rest of the state, Hochul announced on Monday, Dec. 11.  The current minimum wage in Westchester, Long Island, and New York City is $15 per hour, while it is $14.20 in the rest of the state.  According to Hochul, the increases come thanks to an agreement between he…
Here's When Social Security Recipients Will See Largest Bump In Benefits In 40 Years Here's When Social Security Recipients Will See Largest Bump In Benefits In 40 Years
Here's When Social Security Recipients Will See Largest Bump In Benefits In 40 Years Social Security beneficiaries are about to see their largest increase in benefits in four decades. Starting in 2023, recipients of Social Security benefits and Supplemental Security Income (SSI) payments will see their benefits go up by 8.7 percent, according to the Social Security Administration. Approximately 70 million Americans will benefit from the bump, the agency said, with an average increase of more than $140 per month expected. The increase will follow the agency’s annual cost-of-living adjustment (COLA), which is required by federal law and based on the Department of Labor’s C…