Minimum wage workers in New York City could see automatic annual raises under a new bill being considered by the City Council.
The legislation would link the city’s minimum wage to inflation, ensuring pay keeps pace with the cost of living.
For businesses with 500 or more employees, the current $17-an-hour minimum wage would rise to $30 by 2030 and then increase each year with inflation. Smaller businesses would follow a similar schedule, starting at $29 an hour.
City Councilmember Sandy Nurse, who is introducing the bill and collaborating with labor unions and advocacy groups on the “$30 for Our City Campaign,” joined “Mornings On 1” Tuesday to discuss the proposal.
Tap the video player above to watch the full interview.