N.J. Democrats strike deal to hike state minimum wage to $15 by 2024

TRENTON, N.J. — New Jersey’s minimum wage will hit $15 in five years, Save Jerseyans, due to a deal announced Thursday by Governor Phil Murphy and the Democrat leaders of both legislative chambers.

New Jersey (which just hit $8.85 per hour on January 1, 2019) will increase incrementally:

  • $10 on July 1, 2019
  • $11 on January 1, 2020
  • $1 every year beginning with 2021 until $15 is reached in 2024

There are “carve outs.”

Seasonal workers and small business employees won’t reach $15 until 2026.

Farm workers’ minimum wage will hit $12.50 in 2024; it’s to-be-determined (by Trenton) whether it will reach $15 in 2027.

Developing…

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