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Department of Labor Announces Minimum Wage Increase in New Jersey Effective January 1, 2020

New Jersey

The New Jersey Department of Labor has announced that minimum wage for most businesses will rise to $11 an hour from $10 beginning Jan. 1, which is apart of a plan to get wages in the state to $15 an hour by 2024.

According to Department of Labor officials, the hike will give most of the state's lowest-paid workers an immediate 10% raise.

But employers around NJ are complaining that the increase in wage will force an increase in consumer prices and slow down hiring to absorb the cost.

According to a published report USA Today, "New Jersey is one of two-dozen states that will increase the minimum wage. Reporters for USA Today said about 17 cities and counties, including New York City, already have reached $15 an hour".

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