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State Senator Michael Testa says Increase in Shore Wages Will Directly Impact Local Property Taxes

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the staff of the Ridgewood blog

Trenton NJ, State Senator Michael L. Testa, Jr. expressed concern about the increase in the state’s minimum wage that went into effect on January 1.

The hourly rate will increase to $11 per hour from the current $10, and seasonal workers and employees at businesses with less than six workers will see their pay bump from $8.35 to $10.30.

“This increase comes at a significant risk,” cautioned Testa (R-01). “Higher business expenses will result in higher prices for consumers, but the news can be even worse for employees. Mandatory hikes to minimum wage have been linked to reduced hours and job opportunities for low-skilled workers. The people who least can afford it will be hurt the most.

Continue reading State Senator Michael Testa says Increase in Shore Wages Will Directly Impact Local Property Taxes