• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipMinimum Wage

New York is first to pursue a $15 minimum wage for an entire state

Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
Down Arrow Button Icon
Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
Down Arrow Button Icon
September 10, 2015, 3:15 PM ET
Andrew Cuomo
New York Gov. Andrew Cuomo delivers his State of the State address and executive budget proposal at the Empire State Plaza Convention Center on Wednesday, Jan. 21, 2015, in Albany, N.Y. (AP Photo/Mike Groll)Photograph by Mike Groll — AP

The so-called Fight for $15 is nearly three years old, and in its short history it has achieved significant victories, as cities like Seattle, San Francisco, and Los Angeles have adopted $15 minimum wages.

But so far, all those successful campaigns have come at the city and county levels. That could change thanks to an announcement made by New York Governor Andrew Cuomo, alongside Vice President Joe Biden, on Thursday at the Jacob Javits Convention Center in New York City. Cuomo is seeking a $15 minimum wage for all of New York—the first statewide push of its kind.

“This is a whole new ballgame,” says David Cooper, an analyst at the Economic Policy Institute, a left-leaning think tank. “We’ve seen some of these efforts at city level … but for a state to be proposing it, this is a big deal.”

In announcing the statewide proposal, Cuomo, a Democrat, struck a tone of seeking justice. “Every working man and woman in the State of New York deserves $15 an hour as a minimum wage. [I]f you work full time you should not live a life in poverty, period.”

New York’s minimum wage currently stands at $8.75 and is set to increase to $9 at the end of the year. Some low-wage workers in the state are already expecting an additional pay boost. In July, the state’s wage board suggested raising the minimum wage of all fast-food workers to $15—a recommendation that was approved recently by the state’s labor commissioner. Cuomo was able to target fast-food workers’ wages outside the legislative process because the state empowers the labor commissioner or a wage board to assess whether pay for a particular job is sufficient.

On Thursday, Cuomo said that if fast-food workers deserve $15 per hour, so do construction workers, home health care aides, and taxi drivers. The new minimum wage for fast-food workers “is a great step forward,” he said. “But this is New York, and New York doesn’t believe in just taking one step forward…. Soon we’re walking and soon we’re running.” He said a $15 minimum wage statewide would “herald a new economic contract with America.”

Cuomo is pursuing a legislative route, but it’s unlikely to be a smooth ride. The proposal will no doubt face opposition as it will apply a $6 increase across the entire state, where the local cost of living runs the gamut. The median cost for a two-bedroom apartment, for instance, is nearly three times as expensive in Brooklyn as it is in Buffalo. And a release from the Employment Policies Institute, a conservative nonprofit, on Thursday noted that $15 per hour is close to the median wage in some areas of the state such as Rome, New York, where it’s $15.91. It’s also worth noting that while New York City Mayor Bill de Blasio—with whom Cuomo has an ongoing feud—has called for a $15 hourly rate for the city, he’s suggested a $13 minimum wage for the rest of the state.

Cuomo on Thursday said the proposed $15 minimum wage would be phased in over time, but didn’t offer specifics. Nor did he touch on the state’s diverse costs of living. Instead, he simply said that he wanted to “bring [the] crusade for economic justice to every corner of the the state.”

“For a single state to [set a $15 minimum wage], it’s hard because, yes, certain parts of the state have a higher cost of living,” Cooper says, but “the reality is that we should’ve done a lot more at the federal level in the past 40 years and policymakers at every level of government are trying to make up lost ground.” Cooper says that if the federal minimum wage had kept up with American workers’ productivity, it would be somewhere in the $18 or $19 per hour territory.

Minimum wages haven’t kept up and, as a result, there’s a significant gulf between the appropriate rates—according to Cooper’s calculations—and where wages are now. And that’s why wage increases to $15 per hour so far have come at the local level. The higher cost of living in places like Seattle, San Francisco, and Los Angeles gives lawmakers firmer footing to argue for bigger wage hikes to bring the minimum wage closer to where some argue it should be.

The question is, should an entire state join that group?

Cooper argues that to bring the minimum wage up to a proper level, based on worker productivity, the largest geographic region possible—a state or, ideally, the federal government—should set a “strong wage floor” and let municipalities establish their own rates based on how much it costs to live there.

About the Author
Claire Zillman
By Claire ZillmanEditor, Leadership
LinkedIn iconTwitter icon

Claire Zillman is a senior editor at Coins2Day, overseeing leadership stories. 

See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Jeffrey Sprecher, President and Founder, CEO of Intercontinental Exchange
SuccessBillionaires
Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $98 billion giant
By Emma BurleighJanuary 16, 2026
5 hours ago
C-SuiteCoins2Day 500 Power Moves
Coins2Day 500 Power Moves: Which executives gained and lost power this week
By Coins2Day EditorsJanuary 16, 2026
5 hours ago
Kevin O'Leary
SuccessThe Interview Playbook
Shark Tank’s Kevin O’Leary warns job seekers he’ll throw your resume ‘straight in the garbage’ if you have bad WiFi
By Preston ForeJanuary 16, 2026
5 hours ago
SuccessCareer Advice
Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’
By Orianna Rosa RoyleJanuary 16, 2026
5 hours ago
Sophia Kianni and Phoebe Gates attend the alice + olivia By Stacey Bendet Pride Event With Performance By Paris Hilton on June 13, 2024 in New York City. (Photo by Dimitrios Kambouris/Getty Images for alice + olivia)
SuccessWomen
Melinda French Gates told her daughter Phoebe to ‘get up or get out the game’ when investors kept asking about her plans to have kids
By Eleanor PringleJanuary 16, 2026
5 hours ago
depa
CommentaryConsulting
Adaptability is the new job security and 4 more future AI trends from EY’s global chief innovation officer
By Joe DepaJanuary 16, 2026
6 hours ago

Most Popular

placeholder alt text
Europe
Americans have been quietly plundering Greenland for over 100 years, since a Navy officer chipped fragments off the Cape York iron meteorite
By Paul Bierman and The ConversationJanuary 14, 2026
2 days ago
placeholder alt text
Health
The head of marketing at Slate posted on LinkedIn requesting cleaning services as a benefit at her company. The next day, HR answered her call
By Sydney LakeJanuary 15, 2026
2 days ago
placeholder alt text
Personal Finance
Peter Thiel makes his biggest donation in years to help defeat California’s billionaire wealth tax
By Nick LichtenbergJanuary 14, 2026
2 days ago
placeholder alt text
Economy
America’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon
By Shawn TullyJanuary 15, 2026
1 day ago
placeholder alt text
Politics
One year after Bill Gates surprised with the choice to close his foundation by 2045, he's cutting staff jobs
By Stephanie Beasley and The Associated PressJanuary 14, 2026
2 days ago
placeholder alt text
Economy
California's wealth tax doesn't fix the real problem: Cash-poor billionaires who borrow money, tax-free, to live on
By Nick LichtenbergJanuary 14, 2026
2 days ago

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.