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New York Forced to Skip Planned Minimum Wage Increase Because Its Economy Isn’t Good Enough

The Gateway Pundit by The Gateway Pundit
October 7, 2026
in Aggregated, Podcasts
Reading Time: 1 min read
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In this The Gateway Pundit article, Nick Givas reports that New York will skip its January 2027 minimum-wage increase, the first freeze since a 2023 law tied annual raises to inflation and job losses.

  • Officials said the state has lost thousands of private-sector jobs this year, which triggered the freeze; Gov. Kathy Hochul is asking the Democrat-led legislature to approve the change while she runs for reelection.
  • Hochul blamed “misguided policies” of President Trump, citing tariffs and the Iran war, and said the freeze will “ensure that those hardest hit by Trump’s affordability crisis keep pace with the cost of living.”
  • Neighboring New Jersey will still raise its floor by 56 cents to $16.48; Washington goes to $17.73, Connecticut to $17.48, California to $17.40, and Michigan from $13.73 to $15 on Jan. 1.
  • CNN’s Kyung Lah interviewed Los Angeles restaurant owner Tom Sopit, who survived COVID lockdowns and is now closing over taxes and labor costs: “How are we just keep paying more taxes, but somehow the state just keeps going downhill?”
  • Lah told Dana Bash that this record “is going to chase Gov. Newsom as he seeks higher office.”

Read the full story:
https://www.thegatewaypundit.com/2026/10/new-york-forced-skip-planned-minimum-wage-increase/

Tags: Economic Collapse ReportKathy HochulLedeNew YorkStickyThe Gateway PunditTop Story
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