By  on January 24, 2013

ALBANY, N.Y. — Retailers are concerned over Gov. Andrew M. Cuomo’s proposal to increase the state’s hourly minimum wage to $8.75 from $7.25 an hour to “bring it more in line with the cost of living.”

Cuomo said, “Reasonable minimum wage increases the standard of living for workers, reduces poverty and incentives fair and more efficient business practices. The current minimum wage represents only about one quarter of the average hourly wage in the state, which is $28. The change would take effect July 1, 2013.”

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