City Council Plans Hearing On Raising Minimum Wage

03/22/2011 09:02 am ET | Updated May 25, 2011

City Council Speaker Christine Quinn recently announced that she plans to hold hearings next month over the Fair Wages for New Yorkers Act, a bill introduced last May requiring employers that receive public tax subsidies to pay employees at least $10 per hour with benefits, or $11.50 without.

The bill, co-sponsored by City Councilmember Al Vann and 28 other lawmakers, is an effort to alleviate the low-wage situation of hundreds of thousands of poor New Yorkers trying to survive off of the $7.25 minimum wage-- what many argue is far below a living wage, particularly in a city with one the nation's highest costs of living.

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