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Monday, March 9, 2015

Andrew Cuomo
ALBANY — Raising the minimum wage from $8.75 to $10.50 would add $3.4 billion to the state economy — including $193 million in Western New York — according to Gov. Andrew Cuomo's office.

The governor released a report today stating that more than 1.35 million workers will experience an increase in wages statewide, with the majority of benefits going to adults and women. The report states that 43,074 Western New Yorkers are currently paid $8.75. If the minimum wage were increased to $10.50, 102,172 Western New Yorkers would be paid that rate.

In all, 594,001 New Yorkers currently make minimum wage, a number that would increase to 1,346,800 at the new minimum wage. The vast majority of the affected workers would be in New York City, where the proposal calls for a minimum wage of $11.50.

“The minimum wage should allow people who work full-time jobs to support themselves and their families – but that is just not possible today,” Governor Cuomo said. “Our proposal will help hundreds of thousands of New Yorkers better sustain themselves and live with dignity and respect. The State Legislature must pass our proposal this year, because the sweetest success is shared success and we won’t rest until we are all rising together.”

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