Zemsky: Raising min. wage would boost economy

Posted at 10:44 PM, Feb 02, 2016
and last updated 2016-02-03 08:10:37-05

Local developer and head of Empire State Development Howard Zemsky believes New York should raise the minimum wage to $15/hour.

Zemsky says Governor Andrew Cuomo's proposal will stimulate the economy and reduce the poverty rate.

Cuomo wants the general state minimum wage incrementally increased from $9 to $15 in New York City by the end of 2018 and in 2021 for the rest of the state.

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