360° Coverage : Schumer and Gillibrand Push For Higher Minimum Wage

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Schumer and Gillibrand Push For Higher Minimum Wage
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Schumer and Gillibrand Push For Higher Minimum Wage

Jul 30 2012, 5:52pm CDT | by

NY Senators want $9.80/hour minimum

New York's two Senators are both calling upon their colleagues to increase the federal minimum wage after a local bill in the New York State Senate pushing the same agenda failed to reach any sort...

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Schumer and Gillibrand Push For Higher Minimum Wage

Jul 30 2012, 5:52pm CDT | by

NY Senators want $9.80/hour minimum

New York's two Senators are both calling upon their colleagues to increase the federal minimum wage after a local bill in the New York State Senate pushing the same agenda failed to reach any sort of action.

In New York, local legislators had been trying to increase the state's minimum wage from $7.25 to $8.50. Unlike some states, New York has never taken the power to create a minimum wage for the state that is higher than the current federal minimum wage.

The New York State Senate currently has a Republican majority, which blocked the legislation from passing. So now Schumer and Gillibrand are increasing efforts to get something done on the national level.

They have co-sponsored the Fair Minimum Wage Act, which gives every employer in the nation until 2014 to increase their minimum pay rates to $9.80 per hour.

Currently, someone making minimum wage will manage to take home just over $1,000 per month, which is barely enough to survive. The reality, however, is that very few people actually have minimum wage jobs and even those who do often earn overtime.

Critics of the proposal say that upping the minimum wage will cause employers to cut back that overtime pay, leading to reduced work efficiency and potentially even less pay for some.

It will be a challenge to pass it in the Senate, but there certainly is a better shot there.

Via WWNYTV

 

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<a href="/latest_stories/all/all/6" rel="author">Mark Raby</a>
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