NJ Assembly to consider minimum wage amendment

NJ Assembly to vote on placing minimum wage amendment on November's ballot

TRENTON, N.J. (AP) -- New Jersey voters could be asked to raise the minimum wage and tie future increases to the Consumer Price Index.

The Assembly is set to vote Thursday on a resolution that would place the constitutional amendment on November's ballot. The Senate has already passed the resolution.

The amendment calls for raising the minimum wage from $7.25 an hour to $8.25 next January and tie future increases to the annual price index.

Gov. Chris Christie last month conditionally vetoed a bill that would have raised the minimum wage by $1.25 per hour. Christie suggested a $1 per hour wage increase if Democrats agreed to phase it in over three years.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    Apple CEO Tim Cook will face Congress today over corporate taxes. Should companies pay more?

    Loading...
    Poll Choice Options