Murphy, Sweeney announce agreement on $15 hour minimum wage

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Governor Phil Murphy

TRENTON — Governor Phil Murphy, Senate President Steve Sweeney, and Assembly Speaker Craig Coughlin announced an agreement on legislation to raise New Jersey’s minimum wage to $15.00 per hour. The agreement is the result of months of deliberative and thorough negotiations between the Governor’s Office, Senate, and General Assembly to institute a $15.00 per hour minimum wage, raising wages for over one million workers and promoting broad-based economic growth. 

“We are taking a historic step to provide more than one million New Jersey workers a stronger foothold in the middle class,” said Governor Murphy. “No one working a full-time job should ever live in poverty. Putting the minimum wage on a clear and responsible path to $15.00 per hour is good for workers, good for our businesses, and good for our economy. A higher minimum wage strengthens all of New Jersey. I thank Senate President Sweeney and Speaker Coughlin for their commitment to this issue, and look forward to signing this legislation into law.”

Under the bill, the minimum wage for the vast majority of workers would increase to: $10.00 per hour in July;  $11.00 per hour in 2020; $12.00 per hour in 2021; $13.00 per hour in 2022; $14.00 per hour in 2023 and $15.00 per hour in 2024.

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