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Murphy, Sweeney announce agreement on $15 hour minimum wage

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TRENTONย โ€”ย Governor Phil Murphy, Senate President Steve Sweeney, and Assembly Speaker Craig Coughlin announced an agreement on legislation to raise New Jerseyโ€™s minimum wage to $15.00 per hour. The agreement is the result of months of deliberative and thorough negotiations between the Governorโ€™s Office, Senate, and General Assembly to institute a $15.00 per hour minimum wage, raising wages for over one million workers and promoting broad-based economic growth.ย 

โ€œWe are taking a historic step to provide more than one million New Jersey workers a stronger foothold in the middle class,โ€ said Governor Murphy. โ€œNo one working a full-time job should ever live in poverty. Putting the minimum wage on a clear and responsible path to $15.00 per hour is good for workers, good for our businesses, and good for our economy. A higher minimum wage strengthens all of New Jersey. I thank Senate President Sweeney and Speaker Coughlin for their commitment to this issue, and look forward to signing this legislation into law.โ€

 

Under the bill, the minimum wage for the vast majority of workers would increase to: $10.00 per hour in July;ย  $11.00 per hour inย 2020; $12.00 per hour inย 2021; $13.00 per hour in 2022; $14.00ย per hour in 2023 and $15.00ย per hour in 2024.
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Frank L. Cahill
Frank L. Cahill
Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill previously served as the Executive Board Member of the Parsippany Area Chamber of Commerce, Immediate Past Governor of NJ District Kiwanis International, President Kiwanis Club of Greater Parsippany, President Parsippany Community Professionals and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board.
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