New Jersey becomes fourth state to increase minimum wage to $15
"It is a great day to make some history for New Jersey's working families," Murphy said. "And that's just what we're going to do. We've talked long enough about putting New Jersey on a responsible path to $15 an hour minimum wage. Today we start our way on this path."
Farm workers' wages will climb to $12.50 over five years, for example. Workers for small businesses and seasonal employees will see their minimum wage reach $15 an hour only in 2026. Tipped workers, who currently have a minimum hourly wage of $2.13, will see it climb to $5.13 an hour by 2024.
A constitutional amendment that raised the minimum wage and requires it to climb with inflation went into effect in 2013 in New Jersey. Once the wage reaches $15 in 2024, it will continue to climb based on the consumer price index because of that amendment.