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NEW JERSEY - New Jersey’s statewide minimum wage will be raised by $0.36 to $15.49 per hour for most employees on Jan. 1, 2025.. JUMP TO: NEW YORK l CONNECTICUT The increase was part of a ...
The 36-cent-an-hour increase comes after a years-long ramp-up. When Gov. Phil Murphy took office in 2018, the state minimum wage was $8.60. NJ minimum wage rising to $15.49 an hour in 2025.
An effort to boost the state’s minimum wage to $12 by 2025 didn’t make ... Workers in Michigan saw a modest minimum-wage increase in 2021, to $10.10 from $9.87. ... New Jersey: $14. New Jersey ...
In February 2021, the Congressional Budget Office released a report on the Raise the Wage Act of 2021 which estimated that incrementally raising the federal minimum wage to $15 an hour by 2025 would benefit 17 million workers, but would also reduce employment by 1.4 million people.
A majority (56%) believe that raising the minimum wage will help the economy, 16% believe it won't make a difference, and only 21% felt it would hurt the economy. [183] Regardless of the ruling, the idea of raising the minimum wage to $15 by 2025 from its current $7.25 is broadly popular, a Reuters/Ipsos poll found.
Nearly half the states in the U.S. are raising their minimum wages in 2025, meaning pay hikes for more than 9 million workers, according to a new report. ... In 2025, the minimum wage for other ...
The first increase in July 2019 brought the state's minimum wage up to $10 per hour (from $8.85 per hour), with subsequent $1 per hour increases every January from 2020 to 2024.
Workers across 21 states welcomed the new year by seeing their hourly minimum wages rise.. The federal minimum wage is $7.25 an hour, a rate that has remained unchanged since July 2009. During his ...