YOUR MONEY: Minimum Wage Increased In New Jersey
TRENTON – New Jersey’s statewide minimum wage will increase by $1.13 to $14.13 per hour for most employees, effective January 1, 2023. Annual increases in the minimum wage are due to legislation signed by Governor Murphy in February 2019 that raises the wage floor to $15 per hour by 2024 for most employees. Under the law, the minimum wage…