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The minimum wage in New Jersey is $15.13 per hour for most workers, effective January 1, 2024. ... leading to the current rate of $15.13 per hour as of January 2024.
New Jersey is one of 22 states that will see minimum wage increases on New Year's Day and one of eight total states (plus Washington, D.C.) that have a minimum wage of at least $15. More details ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Florida was ranked No. 1, with the average salary increasing from $50,020 to $60,210 since 2020.
In 1891, Kansas was the first state to pass a "prevailing wage" for its own public works projects, and over the next thirty years was followed by seven other states (New York 1894, Oklahoma 1909, Idaho 1911, Arizona 1912, New Jersey 1913, Massachusetts 1914, and Nebraska 1923) in establishing minimum labor standards for public works construction.
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [ 2 ] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.
New Jersey became the latest state on Monday to boost its hourly minimum wage to $15 after Democratic Gov. Phil Murphy signed into law a measure phasing in the higher rate over five years.
In 2010, the New Jersey Department of Labor studied the impact of government-mandated PLAs on the cost of school construction in New Jersey during 2008, and found that school construction projects where a PLA was used had 30.5% higher costs, per square foot, than those without a PLA. [112]