Gov. Phil Murphy and Assembly Speaker Craig Coughlin celebrated the state’s minimum wage rising to $10 per hour Monday.
“As I have always said, no family should have to choose between keeping the lights on at home and putting food on the table,” Coughlin said. “Moving families towards $15 an hour is a monumental accomplishment and I am proud of the action we have taken to provide individuals with an income commensurate with the dignity of their work. All working-class families deserve a fair living wage. The Legislature will continue the fight for fair wages and economic equality.”
The increase is the first in a series that will eventually take the state’s minimum wage to $15 per hour in January 2024.
The minimum wage is set to increase by $1 per hour each January until 2024, when it will reach $15 per hour.
Certain groups, like seasonal workers and employees at businesses with fewer than six employees won’t reach that funding level until January 2026.
Farm workers will see their wages rise to $12.50 an hour by January 2024. By March that year, the New Jersey Labor Commissioner and Secretary of Agriculture will decide whether to increase that minimum wage to $15 an hour by January 2027.
“Today marks a monumental step on our path to a stronger and fairer New Jersey,” said Governor Murphy. “Our economy grows when everyone can participate in it – every hardworking New Jerseyan deserves a fair wage that allow them to put food on the table and gas in their car. Together, we are making New Jersey more affordable and giving over a million New Jerseyans a pathway to the middle class.”