New York A07770 mandates the commissioner of labor to issue an annual report on the cost of living, poverty rates, and the adequacy of the current.

New York A07770 requires the commissioner of labor to prepare an annual report on the cost of living, poverty rates, and the adequacy of the current minimum wage in the state. The report will analyze changes in living costs using various measures, including the true cost of economic security (TCES) measure, the MIT living wage calculator, the economic policy institute (EPI) family budget calculator, and the University of Washington self-sufficiency standard. It will also compare the current and projected future value of the state's minimum wage with those in other high-cost states and cities.

New York A07770 mandates the commissioner of labor to issue an annual report on the cost of living, poverty rates, and the adequacy of the current.

New York A07770 requires the commissioner of labor to prepare an annual report on the cost of living, poverty rates, and the adequacy of the current minimum wage in the state. The report will analyze changes in living costs using various measures, including the true cost of economic security (TCES) measure, the MIT living wage calculator, the economic policy institute (EPI) family budget calculator, and the University of Washington self-sufficiency standard. It will also compare the current and projected future value of the state's minimum wage with those in other high-cost states and cities.