N.J. prepares to cope with minimum wage increase
TRENTON – The minimum wage hike does not kick in for another few days, but both sides in the debate are still weighing in with opinions about the consequences.
Maybe a year from now pundits will be able to look back and make clear-eyed assessments of how it played out. But for now, both sides are convinced of their respective points of view.
The folks at N.J. Policy Perspective, who admittedly take a more liberal view of such matters, believe that the boost from $7.25 to $8.25 an hour – with a cost of living provision constitutionally mandated – will help New Jersey’s economy in the long run.
NJPP issued an analysis this week in which they used the most recent Census Bureau data to conclude that the increase in the minimum wage will generate more than $173 million in economic growth in 2014.
In addition, they predicted that possibly 1,300 jobs will be created as businesses expand.
Whatever figures NJPP is looking at, they are not the numbers the folks at the N.J. Business and Industry Association are seeing. (Mooney/PolitickerNJ)
https://www.politickernj.com/70461/nj-prepares-cope-minimum-wage-increase#ixzz2oZtALREX
not in the village. because thats what they pay the part time help .the village loves to hire part timers. that is one main problem why they can’t get things done.