Tag Archives: Wages

Will New Jersey’s Minimum Wage Increase to $15 Per Hour?

Democrats in the state legislature and Governor-elect Phil Murphy have vowed to gradually increase New Jersey’s wage to $15 per hour. According to state lawmakers, the increase would take effect over the next several years. Currently, New Jersey’s minimum wage is $8.44 per hour. On January 1, the minimum wage will increase to $8.60 per hour. Few details have been released on how this gradual change will take place. However, Governor-elect Murphy said he favors implementing the hike within three to four years. Prior attempts to raise New Jersey’s minimum wage have failed. In 2016, Governor Chris Christie vetoed a proposal to increase New Jersey’s minimum wage to $15 per hour. This time around, Democrats will control the state legislature and the governor’s mansion. There are opponents and proponents to this proposed legislation. According to proponents, a minimum wage increase is necessary because of the high costs of living in…
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