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New Jersey’s minimum wage is $15.13 an hour — the highest it’s ever been. ... in 2022 dollars, and to pay for basic necessities like housing, child care, food, transportation, technology and ...
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.
Department of Labor poster notifying employees of rights under the Fair Labor Standards Act. The Fair Labor Standards Act of 1938 29 U.S.C. § 203 [1] (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week.
The tipped wage is base wage paid to an employee in the United States who receives a substantial portion of their compensation from tips.According to a common labor law provision referred to as a "tip credit", the employee must earn at least the state's minimum wage when tips and wages are combined or the employer is required to increase the wage to fulfill that threshold.
The state unemployment rate was 3.1% in August 2022, and the increase since then marked a sign that rising interest rates and corporate downsizing took a toll on the New Jersey economy.
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A bill (S-1614) was signed on July 10 that will cap out-of-pocket costs for many Americans who need insulin by extending Medicare's insulin cap to state-regulated markets and NJ public employee plans.
There are also 32 states that have state prevailing wage laws, also known as "little Davis–Bacon Acts". The rules and regulations vary from state to state. As of 2016, the prevailing wage requirement, codified in the Davis–Bacon Act, increases the cost of federal construction projects by an average of $1.4 billion per year. [3]: 1
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