Governor Kathy Hochul plans to increase state spending to $1.4 billion to support New Yorkers in childcare subsidies. This includes setting up day care centers in universities and additional support for working parents. Despite the actions gearing to support struggling parents, the Democratic Legislature felt that this was still not enough to support the entire New York State in childcare.
Tag: rising costs
Companies are Raising Wages for Employees
If you’ve gone to the store or filled up your gas tank recently, you’ve seen the daily impact of inflation. In a recent study, the U.S. Bureau of Labor Statistics shows consumer prices jumping up 7% in December. This is a 40-year high. With living costs rising, employees argue that companies should be raising wages as well. While most Americans saw a pay increase last year because of the pandemic, especially those front-line workers in retail, grocery and fast food seeing large pay increases, inflation is re-adjusting many people’s way of life.
