New Jersey 101.5
A new study finds more than 400 thousand low-paid workers in the Garden State would benefit from a ballot measure that would raise New Jersey’s minimum wage by one dollar, to $8.25 per hour.
The report, released today by New Jersey Policy Perspective, finds this kind of increase would generate more than $174 million in new economic growth and support the creation of the equivalent of over 1500 new full-time jobs as businesses expand to meet increased consumer demand.
“Low-wage jobs are stunting New Jersey’s economic recovery at a time when the state needs more consumer spending and growth, and raising the minimum wage is a smart way to boost consumer spending while delivering much-needed assistance to working families in New Jersey,” said the President of New Jersey Policy Perspective, Gordon Macinnes.
According to the report...