TRENTON – New Jersey’s statewide minimum wage will increase by $1.13 to $14.13 per hour for most employees, effective today, January 1, 2023.
The increase is part of legislation signed by Governor Murphy in February 2019 that gradually raises the minimum wage to $15 per hour by 2024 for most employees. When Governor Murphy took office in 2018, the state’s minimum wage was $8.60 per hour and he and the Legislature immediately identified increasing the minimum wage as a legislative priority. Under a law signed in 2019, the minimum wage increases by $1 per hour each year – or more if warranted because of significant increases in the Consumer Price Index (CPI).
“Putting our minimum wage on a clear path to $15 an hour and setting us among the nation’s leading states remains one of my proudest moments,” said Governor Murphy. “This increase will ensure that hundreds of thousands of hardworking people across our state are paid a wage that allows them to provide for their families and live with greater dignity. To solidify New Jersey as the State of Opportunity, we must continue our mission of building a stronger and fairer economy that works for every family, and that begins with growing our middle class.” Read more from nj.gov.