New Jersey’s minimum wage will rise to $8.85 an hour on Jan. 1, giving the state’s lowest-paid workers a 25-cent cost of living increase, the state Department of Labor and Workforce Development said Friday.
The annual inflation adjustment renewed calls from Gov. Phil Murphy for a minimum wage of $15 an hour.
Murphy and Democratic lawmakers have been working on a plan to increase the minimum wage to $15 an hour, but they have faced opposition from business groups who say it would force employers to increase prices or cut back on hiring.
“The current minimum wage is grossly insufficient,” Murphy said.
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