Albuquerque Journal - - BUSINESS -

New Jer­sey be­came the lat­est state to raise its hourly min­i­mum wage to $15 after Demo­cratic Gov. Phil Mur­phy signed into law a mea­sure phas­ing in the higher rate over five years. Mur­phy signed the bill along­side Lt. Gov. Sheila Oliver and Demo­cratic leg­isla­tive lead­ers at a rau­cous event in Elizabeth where ad­vo­cates cheered, “Ready for 15,” car­ried ban­ners with their union af­fil­i­a­tion and ap­plauded loudly once the bill was signed. Repub­li­can Gov. Chris Christie ve­toed a sim­i­lar bill in 2016 to raise the wage. New Jer­sey joins Cal­i­for­nia, Mas­sachusetts, New York and the District of Columbia in phas­ing in the higher rate.The $15 wage is a prom­i­nent pol­icy goal of left-lean­ing groups, as well as the ful­fill­ment of a key cam­paign prom­ise by Mur­phy. The bill raises the cur­rent $8.85 min­i­mum wage to $10 an hour in July, and then in­creases the rate by $1 in sub­se­quent years un­til it reaches $15 in 2024, but not for all work­ers.


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