For a family of four, the annual income needed for a modest standard of living in this region is approximately $117,856. This disparity between income and living expenses emphasizes the urgent need for fair wages that align with local economic realities.
On December 31, 2021, the minimum wage will increase in New York, and on January 1, 2023, an amendment to New York’s paid family leave will take effect.
So you have been hearing that the minimum wage in New York is going to be $15 per hour, but when exactly will residents of the Hudson Valley be seeing this increase?