De Blasio Signs Executive Order Raising Living Wage
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New York Mayor Bill de Blasio signed an executive order requiring employers to pay workers as much as $13.13 an hour on economic-development projects that receive more than $1 million in city subsidies.
De Blasio’s move modifies the city’s 2012 living wage law, a city council measure opposed by former Mayor Michael Bloomberg. It expands coverage to 18,000 employees, or about 70 percent of all the jobs at businesses that receive city economic-development financing. For employees who don’t receive benefits, pay will rise by 9.5 percent to $13.13 an hour.