Conservative leader says minimum wage doesn’t add up
The state’s new minimum wage law, signed by Gov. Andrew Cuomo on Monday, will create enormous problems for business owners and will wind up hurting low-wage workers rather than helping them, according to New York State Conservative Party Chairman Mike Long.
“It’s going to lose jobs for young people,” said Long, who called the new minimum wage law “a penalty on businesses.”
As a result of the bill passed by the state Legislature and signed into law by Cuomo, New York City’s minimum wage will increase from the current level, $9 an hour, to $15 an hour by December 31, 2018. Small businesses with 10 or fewer employees will have until December of 2019 to start paying the new wage.