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Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on the Reported Proposal for a $15 NYS Minimum Wage

‚ÄúRaising the minimum wage is an obvious lever for the governor to pull in response to frustration with income inequality among many of his constituents. We supported a phased-in and graduated increase in the state minimum wage, as the governor outlined in his last budget, but a precipitous increase that threatens the most vulnerable businesses and employees would not find a lot of supporters in the business community.”