Workers in New York who earn the minimum wage are getting a raise today. The state's minimum wage is now $8.75 an hour, up from the $8 it stood at before. It will fatten the paychecks for 284,000 employees across the state, according to the labor department.
"This is a good thing for workers in New York state. Is it enough? No, it's not enough," said Ron Deutsch from the Fiscal Policy Institute, who argues wages should be be closer to $11 an hour, given inflation.