New York S04514 mandates an annual report on cost of living, poverty rates, and minimum wage adequacy.

New York S04514 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, compare the state's minimum wage with those in other high-cost states and cities, and examine changes in poverty and child poverty for households with workers. The report will also be disaggregated by race, ethnicity, gender, age, and limited English proficiency status.

New York S04514 mandates an annual report on cost of living, poverty rates, and minimum wage adequacy.

New York S04514 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, compare the state's minimum wage with those in other high-cost states and cities, and examine changes in poverty and child poverty for households with workers. The report will also be disaggregated by race, ethnicity, gender, age, and limited English proficiency status.