Newspaper article The Record (Bergen County, NJ)

Minimum Wage to Hold at $8.38 in State Next Year

Newspaper article The Record (Bergen County, NJ)

Minimum Wage to Hold at $8.38 in State Next Year

Article excerpt

New Jersey's minimum wage will remain $8.38 an hour in 2016, according to the state Department of Labor and Workforce Development.

The wage has been tied to the inflation rate since January 2014. The department said the consumer price index for all urban wage earners -- the federal inflation measure that is used -- edged down slightly over the past year.

In November 2013, New Jersey voters approved a constitutional amendment that increased the minimum wage by a dollar, to $8.25 an hour, and linked future increases to the inflation rate.

The federal minimum wage, which last rose in 2009, is $7.25 an hour. According to the National Conference of State Legislatures, 29 states and the District of Columbia have higher minimums.

Brandon McKoy, a policy analyst with the research group New Jersey Policy Perspective, called the lack of an increase for 2016 "disappointing," saying that even after the recent increase, the minimum wage is not enough for people to live on. …

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