N.J. minimum wage faces legislative action - Republicans Against it
/Legislation to boost New Jersey's
minimum wage, which passed the state Senate, could face final passage
as early as Thursday, according to the New Jersey Business and Industry
Association. If adopted, the bill would boost the state's current $5.15
per hour minimum wage to $6.15 on Oct. 1 and then to $7.15 on Oct. 1,
2006. It also would establish a permanent "New Jersey Minimum Wage
Advisory Commission," which would study and make recommendations on the
state's minimum wage. Acting Gov. Richard Codey proposed passage of a
wage hike during his state of the state address earlier this month. A
hike over two years to $7.15 would help more than 200,000 of the
state's workers, Codey said. But NJBIA Vice President John Rogers
argues it could result in layoffs, reductions in workers' hours and
benefit cuts by firms needing to compensate for the higher wages. "What
good is it to provide a person with a $2 per hour increase if their
hours are reduced? Make no mistake about it, increasing the minimum
wage is not a panacea for the lowest paid of our society," Rogers said
in testimony before the General Assembly's Labor Committee. New
Jersey's minimum wage has increased only once in 13 years. The last
increase, which was 10 cents, came in 1999, said the Fairness Alliance,
a group of 100 organizations supporting the proposed hike. [more]