New York City Council Passes Resolution Calling for Minimum Wage Increases Tied to Inflation

This week, the New York City Council passed a resolution calling on the State Legislature to pass, and the Governor to sign S.3062D/A.7503, raising the minimum wage annually by a percentage based on the rate of inflation and labor productivity. NYC CLC President Vincent Alvarez issued the following statement:

“The New York City Central Labor Council, AFL-CIO commends the NYC Council for this important resolution calling on the NY State Legislature to raise the minimum wage annually by a percentage based on the rate of inflation,” said NYC CLC President Vincent Alvarez. “This legislation would help ensure that working New Yorkers have the financial resources they need to deal with the rising costs of everyday living expenses, particularly in New York City, where 1.24 million workers would receive a much-needed wage boost. This is also both an economic and moral issue—the minimum wage increases called for in this resolution would be a force for equity, benefiting women and people of color who work disproportionately in the low-wage positions that would be most impacted."

"The NYC Labor Movement thanks Chair Carmen De La Rosa and the Civil Service and Labor Committee, as well as State Senator Jessica Ramos and Assemblymember Latoya Joyner, for their leadership in championing this critical measure that will allow working New Yorkers to pay for housing, care for their families, and invest in their local communities.”