cbs3_blue-on-white_2013 Philly_KYW_new Philly_94WIP_new CBS Sports Radio 610 Philly_WPHT_new

Latest News

New Jersey Voters To Have Final Say On Minimum Wage Increase

Moneyclip
Check Out

TRENTON, N.J. (AP) — New Jersey voters will get the last word on whether to increase the minimum wage.

The Assembly gave final approval on Thursday to a resolution putting a $1 minimum wage increase on the ballot in November and tying future annual adjustments to the Consumer Price Index.

If voters approve, the minimum wage would rise to $8.25 per hour.

President Obama proposed increasing the federal minimum wage to $9 per hour and tying future increases to consumer prices.

Gov. Chris Christie vetoed a Democrat-sponsored bill that would have increased the wage to $8.50 per hour and provided yearly indexed adjustments.

He proposed a $1 wage increase phased in over three years and no future indexing of the wage.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Listen Live!

Follow CBS Philly

Like us on foursquare

Now on CBS Philly

nowon lovearts1 Now on CBS Philly nowon kidcast 03161 Now on CBS Philly nowon dec12 rac Now on CBS Philly  Now on CBS Philly nowon 3onyourside Now on CBS Philly nowon deal Now on CBS Philly dunkin homepage tile Now on CBS Philly  Now on CBS Philly