The state of New Jersey’s current minimum wage is $7.15 per hour and it should be increased to $8.25 per hour. The minimum wage will increase annually in accordance with the increase in the cost of living and keep pace with inflation, a state commission has recommended.
The minimum wage increase would need the approval of the Legislature and Gov. Jon S. Corzine. According to the U.S. Department of Labor, the minimum wage in New Jersey would be the highest in the nation.
New Jersey would be the 11th state to increase the minimum wage based on inflation rates. The states, such as Arizona, Colorado, Florida, Missouri, Montana, Nevada, Ohio, Oregon, Vermont and Washington, already have such a policy.
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