Initiatives

Monitoring the Minimum Wage

Dr. James Parrott speaking alongside (from left to right) Jessie Gould (Ox Verte), David Bolotsky (Uncommon Goods), and Stacy Woodruff (WPTI Workforce Field Building Hub)

The minimum wage in New York City has been increasing, incrementally, from $8 per hour in 2014 to $15 per hour by December 31, 2018. Each increase presents opportunities and challenges for local businesses and for workers and jobseekers earning at or near the minimum wage.

The Workforce Field Building Hub, in collaboration with the New School Center for New York City Affairs and Hub Senior Fellow Dr. James Parrott, is releasing a series of briefs on the increasing minimum wage. Briefs draw upon economic research, local case studies, and examples from other localities. The first two briefs set the stage with current data on New York City’s economy—including a historically low unemployment rate and real wage increases—and an overview of the economic models used to predict the impact of the wage increases on businesses and workers. Early experiences with a $15 minimum wage in Seattle and San Francisco were highlighted in the third brief. The fourth brief documented the actions of local businesses in response to the changes. A subsequent brief will focus on potential impacts on the quality of jobs paying at or near the minimum wage, and a compilation of useful tools and resources for businesses, workforce providers, and workers as they navigate changes brought on by the increasing minimum wage.

Download the completed Briefs here:

Monitoring the Minimum Wage Brief 1

Monitoring the Minimum Wage Brief 2

Monitoring the Minimum Wage Brief 3

Monitoring the Minimum Wage Brief 4

Monitoring the Minimum Wage Brief 5

 

 

Source: ny.gov

 

Monitoring The Minimum Wage Insights & Related Events

September 2019

Monitoring the Minimum Wage: 2019 Minimum Wage Update

March 2018

Monitoring the Minimum Wage: How are Businesses and their Workforce Adapting? Sector Convening 

February 2018

Monitoring the Minimum Wage Featured at NYCETC Coalition Cafe

December 2017

Hub Presents at Southwest Brooklyn Industrial Development Corporation’s “Navigating the Minimum Wage” Workshop 

September 2017

Monitoring the Minimum Wage series featured at 2017 NYCETC Summit plenary session

June 2017

The Hub Welcomes Senior Fellow, Dr. James Parrott

Minimum Wage Increase Panel

 

Monitoring the Minimum Wage in the Press

Crain’s: New York area restaurants are hiking prices by Greg David

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