The federal minimum wage rises 70 cents today from $5.85 to $6.55 per hour. If you worked 8 hours a day, 5 days a week, 52 weeks in a year, your annual minimum wage salary (pre-tax) would be $13,624.
On a side note, the Franklin Avenue shuttle in Brooklyn was named the most punctual train in the NYC subway system (99.7% on-time rating) on Monday. The ride takes seven minutes in total and services the 1.25-mile distance between Franklin Avenue and Prospect Park. It's often used as a connector for the 2, 3, 4, 5, B and C trains. For the record, the 42nd Street shuttle was listed as having a 100% on-time record but is not included in the annual transit figures. The 4 train was the least punctual with a 79.7% on-time rating. The take away here? Live on the west side (or get a Vespa.)
-The Maltz
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