Posted on: August 07, 2019 06:30 PM

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Inflation taking effect in NYC

Six months after $15 minimum wage went into effect, small businesses in NYC are faced with increased labor costs. The result of new law have forced many to cut staff, eliminate shifts and raise prices. Already most eatery locations have raised the prices on their menu and local super markets are also in the plan to do so. This is from Chamber of Commerce in the five boroughs.