ALBANY, N.Y. — The implementation of the $9-an-hour minimum-wage increase and move to tie future increases to inflation has been introduced by Assembly Speaker Sheldon Silver (D., N.Y.) and Assembly Labor Committee Chair Carl Heastie (D., WF-Bronx). The legislation would require the increase to take effect on Dec. 31, a full year ahead of schedule.
A second bill would repeal reimbursement tax credits to low-wage employers who pay minimum wage to students ages 16 to 19. The credit incentivizes businesses to substitute adequately paid older individuals and nonstudents with students earning the legal minimum wage.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)