New Jersey To Raise Minimum Wage To $15 By 2024

The New Jersey Advance reports:

New Jersey’s Democratic governor and legislative leaders have reached a highly anticipated agreement to raise the state’s minimum wage to $15 an hour for most workers by 2024.

Under the deal, many workers would see their wages rise gradually to a $15 an hour, though some, including those employed by small businesses with five or fewer employees, will have to wait longer. The deal had been held up by a disagreement over which workers should receive $15 an hour and when.

Gov. Phil Murphy called for $15 for all, while his fellow Democrats who lead the state Legislature — Senate President Stephen Sweeney and Assembly Speaker Craig Coughlin — said there must be exceptions made for some employers, including small businesses and farmers. This tension had stalled progress on one of the Democrats’ top priorities.