NY Wage Hike Could Bring Business to PA
In the next three years, the minimum wage in New York, regardless of qualifications, will be 15 dollars per hour. That's nearly double the minimum wage in our state.
Economic Development Director, Mike Sullivan, says he doesn't see this as a victory for NY residents. In addition, he says statistics show that over 2 million jobs will be lost because of the minimum wage hike in NY.
Since many business owners can't afford to pay their employees this amount, Sullivan's phone has been ringing off the hook. He's gotten calls over the last few weeks from concerned business owners considering a move to Pike County.
Sullivan says though this could end up being a problem down the road for New York residents, it could be a solution to helping bring more businesses to the area.