Oct 2, 2025 · However, not every low wage, hourly worker in New Jersey will be paid the $15. Aug 14, 2020 · The concern that minimum wages destroy jobs comes from the most basic of economic models: supply and demand. 92. 43, bringing the hourly wage floor for most workers to $15. Similarly, if the minimum wage is maintained at its STATE OF NEW JERSEY DATED: MARCH 15, 1990 The Assembly Labor Committee reports favorably Assembly Bill No. 92/hour for most workers. 40 per year. The effective nationwide minimum wage (the wage that the average minimum-wage worker earns) was $11. State Minimum Wage Rate for New Jersey was 15. .

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