TRENTON, NJ -- New Jersey's hourly workers will now see more money in their paychecks since the state's minimum wage increased on January 1 from $10 to $11 per hour. The increase is part of a new law that took effect in February 2019 calling for an annual wage increase of $1 per hour each year until 2024 when it will reach $15 an hour.
"New Jerseyans working full-time deserve fair, livable wages," Murphy said. "With our second statewide minimum wage increase, we are following through on our commitment to give more workers the opportunity to join the middle class, which will strengthen our economy over the long-term."
"With the new year comes a new minimum wage in New Jersey as we increase it to $11-an-hour," said Speaker Craig Coughlin (D-Middlesex). "Too many workers aren't earning enough to make ends meet, but, that is changing for New Jersey residents and future generations, as we continue to gradually raise the minimum wage and help alleviate poverty across our great state."
Seasonal employees, and those who work at companies with fewer than six workers, will be paid a minimum wage of $10.30 per hour. The law provided a longer timeline for the wage increase for seasonal and small employers to reach $15 per hour in order to lessen the impact on their businesses. Agricultural and tipped workers are guided by separate minimum wage timetables.
Currently, approximately 192,000 workers in New Jersey make between $10 and $10.99 per hour, according to U.S. Census Bureau Monthly Current Population Survey (CPS) data, and will therefore directly benefit from the increase.
"Increasing the pay of minimum wage workers is not only the right thing to do, it is a smart way to fuel economic growth and productivity," said Senate President Steve Sweeney (D-Gloucester). "Steady increases will provide greater economic fairness for minimum wage workers, helping to improve their standard of living and their quality of life so they can better support themselves and their families. This is also a step forward in bridging the wealth gap as we strive to build a high-wage economy that respects the dignity of each and every worker."
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