Proposed NJ Minimum Wage Increase
On February 4th, several state lawmakers proposed raising the New Jersey minimum wage to $15 per hour. One plan proposes raising the state’s minimum wage (which is currently at $8.38 per hour) to the $15 per hour mark effective immediately, while a second proposal suggests raising minimum wage levels over the next eight years to lessen the immediate impact on businesses. The proposal could make it on the ballot for voters to decide without the approval of the governor.
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