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Possible Minimum Wage Increase in New JerseyFollowing a nationwide trend, New Jersey moved a step closer to approving it's first raise in the minimum wage in six years on Monday. The state Senate voted 26 to 10 in favor of increasing the wage from the federal minimum of $5.15 per hour to $7.15 per hour. The 10 dissenting votes were all cast by Republicans who are concerned that the increase will cost the state jobs. Senate Democrats argue that increaing the wage is the only way to help New Jersey's working poor make ends meet. The wage will jump to $6.15 per hour in October 2005, followed by a second increase in October 2006. The bill also will create a commission that will make recommendations for future increases. The minimum wage bill was proposed by acting New Jersey governor Richard J. Codey during his state of the state address. Minnesota's Senate also voted to increase their minimum wage this month and are now waiting on the House and Governor to weigh in. Minimum/Living Wage | New Jersey | Posted 02/16/2005 - 8:24am | 1523 reads
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