New Jersey minimum wage to increase in new year New Jersey minimum wage to increase in new year 00:33 Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate . The higher baseline wages will deliver almost $7 billion in additional annual wages to about 9.9 million workers, the left-leaning Economic Policy Institute said in a research post on December 21. The increases will boost the baseline pay to at least $16 an hour in three states: California, New York and Washington. On top of the state pay hikes, an additional 38 cities and…
