Potential minimum wage increases afoot in New York, New Jersey
New York City Mayor Michael Bloomberg recently proposed increasing the state's $7.25 minimum wage by $1 an hour to bring workers' earnings more in line with the current cost of living.
"Right now, I believe, we are slightly out of balance," Bloomberg said in his recent State of the City address. "Two of our neighbors - Connecticut and Massachusetts - have raised their minimum wage above the federal standard to address higher costs of living."
The proposed time and attendance legislation change would affect approximately 1.2 million of the state's low-wage workers.
Several business groups, including the Business Council of New York State and the National Federation of Independent Business (NFIB), have expressed reservations about the proposal.
"Our members are extremely disappointed that the mayor waded into this issue by supporting a measure that he knows will drive jobs out of New York," said Mike Durant, NFIB state director, as quoted by The Journal News.
The governor of neighboring New Jersey also indicated that a minimum wage increase may be on the horizon for his state. Chris Christie expressed "a willingness to listen" to a proposal from Assembly Speaker Sheila Oliver to raise the cap to $8.50.
"Right now, I believe, we are slightly out of balance," Bloomberg said in his recent State of the City address. "Two of our neighbors - Connecticut and Massachusetts - have raised their minimum wage above the federal standard to address higher costs of living."
The proposed time and attendance legislation change would affect approximately 1.2 million of the state's low-wage workers.
Several business groups, including the Business Council of New York State and the National Federation of Independent Business (NFIB), have expressed reservations about the proposal.
"Our members are extremely disappointed that the mayor waded into this issue by supporting a measure that he knows will drive jobs out of New York," said Mike Durant, NFIB state director, as quoted by The Journal News.
The governor of neighboring New Jersey also indicated that a minimum wage increase may be on the horizon for his state. Chris Christie expressed "a willingness to listen" to a proposal from Assembly Speaker Sheila Oliver to raise the cap to $8.50.
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