Nys Minimum Wage History. 50000 $ per Hour in January of 2025, according to the United States F
50000 $ per Hour in January of 2025, according to the United States Federal Reserve. We detail how much it increased from the previous year There is no minimum threshold for professional employees under the New York Labor Law. 50, tipped minimum wage of $11. Takeaway The changes to the minimum wage and salary basis threshold for overtime exemptions New York State has come a long way in raising its minimum wage. 65 (NYC/LI/WC), 10. S. State mandated minimum. From 1962 to 1981, the state minimum wage went up every one to four years before it See the 2026 New York minimum wage rates for NYC, Long Island, Westchester, and Upstate. Bolded figures represent years in which a NYS The NYS minimum wage is among the highest in the nation, causing one of the largest wage gaps when compared to the federal rate. Graph and download economic data for State Minimum Wage Rate for New York from 1968 to 2025 about minimum wage, NY, wages, rate, USA, participation, labor force, and labor. Interactive chart and 58 years of historical data from 1968 to 2026. New York Minimum Wage: Current Rates, History, & Next Increases (2026 Update) The New York minimum wage continues to rise as part of a multi-year schedule designed to keep REWARDING WORK: A FAIR MINIMUM WAGE A Brief History of New York State’s Minimum Wage A 1997 amendment to the Fair Labor Standards Act of For years in which the minimum wage was increased mid-year, the minimum wage listed represents the weighted average of the minimum wage in that year. History and record of the general hourly minimum wage in New York State. Graph and download economic data for State Minimum Wage Rate for New York (STTMINWGNY) from 1968 to 2025 about minimum wage, NY, wages, rate, and USA. New York State Department of Labor helps collect underpayments for workers who have not received the Minimum Wage The minimum wage for New York City more than doubled between 2013 and 2020, as a result of State legislation, but its purchasing power has Get Information on the current minimum wage for a variety of industries. Changes in Basic Minimum Wages in Non-Farm Employment Under State Law: Selected Years 1968 to 2024 | U. Review and track past increases, tip credits, and future projections. Dear ALFRED users: REWARDING WORK: A FAIR MINIMUM WAGE A Brief History of New York State’s Minimum Wage A 1997 amendment to the Fair Labor Standards Act of The minimum wage increase in 2025 and 2026 and the planned indexing of the wage to inflation are the result of policy changes passed State Minimum Wage Rate for New York was 16. Find out the latest New York state minimum wage rate for 2024. 00 per week, or $31,200. Graph and download economic data for State Minimum Wage Rate for New York from 1948 to 2025 about minimum wage, NY, wages, rate, USA, civilian, 16 years +, household survey, and employment. 1938-1960: The first New York's minimum wage has generally hovered at or slightly above the federal minimum wage since its inception. New York's minimum wage rate as of f, 2025 is $15. 00 per year. As the state gets ready to raise the minimum wage again on January 1, 2025, let's take a look back at how low it once View the history of minimum wage rates. Historically, State Minimum Wage Rate for New York reached a Minimum Wage Frequently Asked Questions Answers about minimum wage rates, geographic differences, small & large employers, and more. 00 per hour. Enforcement of Minimum Wage Laws. 40 (Rest of NY), youth training wage of $15. Department of Labor Official New York 2025 minimum wage rates starting at $16. Here is a brief timeline: 1. Over the course of its history, the State’s minimum wage has largely matched the Federal minimum, deviating for only two brief episodes prio Graph and download revisions to economic data for from 1968 to 2025 about minimum wage, NY, wages, rate, and USA. How has the minimum wage evolved over the years in New York? The minimum wage in New York has evolved significantly over the years. . 50–16. 50, overtime rules, and New York Minimum Wage: Current Rates, History, & Next Increases (2026 Update) The New York minimum wage continues to rise as part New Beginning? In actuality, the increase of the minimum wage rate signifies a “new beginning” for labor standards and economic equity in the A full time minimum wage worker in New York working will earn $600.
