New NJ Minimum Wage Rates - New York News

New NJ Minimum Wage Rates

Posted: Updated:
This past November, the people of New Jersey voted to increase the state’s minimum wage by a dollar along with a constitutional amendment to have that amount increase annually.

So on January 1, 2014 the minimum wage will increase to $8.25 and the New Jersey Policy Perspective just came out with an analysis about how they think the Garden State will benefit from the increased wages.

Statistics show that this increase will affect 450,000 residents in New Jersey and that it will also generate about $173 million of economic growth.

However, Jack Mozloom with the National Federation of Independent Business thinks that these numbers are very one sided.

“They assume all of the upside. Low wage workers having more money to spend in the economy and they ignore completely the other side of the equation which is a higher cost for labor in this case 14% immediately and then every year thereafter forever until the rapture. So we think that’s going to have a much bigger impact long term and going to result in a slower economy, slower output and tens of thousands of jobs,” he said.


Watch Chasing New Jersey weeknights at 10pm on My9 and don’t forget to like us on Facebook!

  • Chasing New JerseyMore>>

  • WWOR's "Chasing New Jersey" Gets State Recognition

    WWOR's "Chasing New Jersey" Gets State Recognition

    Thursday, April 17 2014 3:53 PM EDT2014-04-17 19:53:15 GMT
    Chasing New JerseyChasing New Jersey
    New Jersey’s General Assembly honored WWOR’s Chasing New Jersey on the occasion of its 200th episode, which aired April 11, 2014, TV News Check reported.
    New Jersey’s General Assembly honored WWOR’s Chasing New Jersey on the occasion of its 200th episode, which aired April 11, 2014, TV News Check reported.
  • Radioactive Material Found Inside Sparta, NJ Home

    Radioactive Material Found Inside Sparta, NJ Home

    Thursday, April 17 2014 11:12 AM EDT2014-04-17 15:12:23 GMT
    Law enforcement officials say they found radioactive material inside the Sparta, New Jersey home of Joseph Gibeau. Sergeant John Paul Beebe said that they knew this was radioactive material because the containers were painted yellow and displayed a “tri-foil” decal which is the international symbol for radioactive material.
    Law enforcement officials say they found radioactive material inside the Sparta, New Jersey home of Joseph Gibeau. Sergeant John Paul Beebe said that they knew this was radioactive material because the containers were painted yellow and displayed a “tri-foil” decal which is the international symbol for radioactive material.
  • New Jersey Roller Derby Workout

    New Jersey Roller Derby Workout

    Thursday, April 17 2014 11:10 AM EDT2014-04-17 15:10:05 GMT
    Calling all adrenaline junkies! New Jersey’s Roller Derby league may be just what you need if you’re looking for a new workout and aren’t afraid of getting knocked down at high speeds. Derby diva Barbi Gnecco discussed what the league is all about and how intense the game can get out on the rink.
    Calling all adrenaline junkies! New Jersey’s Roller Derby league may be just what you need if you’re looking for a new workout and aren’t afraid of getting knocked down at high speeds. Derby diva Barbi Gnecco discussed what the league is all about and how intense the game can get out on the rink.
  • Local NewsLocal NewsMore>>

  • Manhattan restaurant proactive on food allergens

    Manhattan restaurant proactive on food allergens

    Thursday, April 17 2014 10:48 PM EDT2014-04-18 02:48:47 GMT
    From the St. Louis spare to a rack of beef, ribs are the specialty for Chef Eddie Montalvo at Blue Smoke Restaurant in the Flat Iron District of Manhattan. While the ribs are smoked for flavor, they are cooked gluten- and nut-free. The restaurant pays special attention to food allergies. Sloan Miller, president of Allergic Girl Resources, says 15 million Americans have a diagnosed food allergy. Eight foods typically set off reactions: peanuts, tree nuts, fish, shellfish, wheat, dairy, egg, an...
    From the St. Louis spare to a rack of beef, ribs are the specialty for Chef Eddie Montalvo at Blue Smoke Restaurant in the Flat Iron District of Manhattan. While the ribs are smoked for flavor, they are cooked gluten- and nut-free. The restaurant pays special attention to food allergies. Sloan Miller, president of Allergic Girl Resources, says 15 million Americans have a diagnosed food allergy. Eight foods typically set off reactions: peanuts, tree nuts, fish, shellfish, wheat, dairy, egg, an...
  • Wineries flourish in Brooklyn

    Wineries flourish in Brooklyn

    Thursday, April 17 2014 10:34 PM EDT2014-04-18 02:34:04 GMT
    Hundreds of oak barrels of wine are all stacked in one room. You might think this is Napa, California. But it's not. It's the Brooklyn Winery, located in what was once an old pickle factory in Williamsburg. Refrigerated grapes are brought in from the North Fork of Long Island and from the Finger Lakes and then aged in barrels. These days urban wineries are becoming more popular, and they're popping up all over the borough.
    Hundreds of oak barrels of wine are all stacked in one room. You might think this is Napa, California. But it's not. It's the Brooklyn Winery, located in what was once an old pickle factory in Williamsburg. Refrigerated grapes are brought in from the North Fork of Long Island and from the Finger Lakes and then aged in barrels. These days urban wineries are becoming more popular, and they're popping up all over the borough.
  • NYC to overhaul Superstorm Sandy rebuilding program

    NYC to overhaul Superstorm Sandy rebuilding program

    Thursday, April 17 2014 9:30 PM EDT2014-04-18 01:30:41 GMT
    Mayor Bill de Blasio unveiled a sweeping report Thursday that examined New York City's recovery progress from Superstorm Sandy and promised to reform a much-maligned program that was supposed to rebuild wrecked homes. Speaking to about 50 homeowners, officials and community leaders in a storm-battered Staten Island neighborhood, the mayor said the city is aiming to start rebuilding an ambitious 500 homes through its federally funded Build-It-Back program.
    Mayor Bill de Blasio unveiled a sweeping report Thursday that examined New York City's recovery progress from Superstorm Sandy and promised to reform a much-maligned program that was supposed to rebuild wrecked homes. Speaking to about 50 homeowners, officials and community leaders in a storm-battered Staten Island neighborhood, the mayor said the city is aiming to start rebuilding an ambitious 500 homes through its federally funded Build-It-Back program.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices