Minimum wage increases to $15 an hour in NYC

Posted: Updated:
WESTCHESTER SQUARE -

Minimum wage increased Monday to $15 an hour, and some merchants say the raise will make it more difficult for them to stay in business.

The increase in minimum wage was passed as part of the 2016-2017 budget and was raised in increments.

Employees working for businesses with more than 10 employees will make at least $15 an hour, while those working for businesses with 10 employees or less will make at least $13.50 an hour this year.

The minimum wage for employees working for a business with 10 employees or less will increase from $13.50 to $15 next year.

Most employees News 12 The Bronx spoke to say the increase will help offset the cost of living in New York City.

Some merchants say that the increase may be a good thing for some people, but not for all.

They also say they hope that with extra money, more people will spend some of that money supporting local small businesses.

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