Economy

New Jersey minimum wage to reach $15.13 an hour in January

BY: - September 27, 2023

Minimum wage workers will get a raise come Jan. 1, 2024, when the statewide minimum wage will hit $15.13 an hour.

As child poverty edges back up, states launch or expand their own tax credits

BY: - September 21, 2023

Six states, including New Jersey, have created new child tax credits, while five more have expanded their existing credits.

States and cities eye stronger protections for gig economy workers

BY: - September 19, 2023

While gig economy jobs promise flexibility and a low barrier to entry, they often pay less on an hourly basis than the prevailing minimum wage and lack basic protections.

Consumers face higher car prices, lower inventory with auto workers on strike

BY: - September 15, 2023

The United Auto Workers union, representing about 150,000 auto workers, walked off the job at midnight Thursday after failing to reach a contract deal with the “Big Three” auto manufacturers.

Governor Murphy warns business leaders of persistent inflation, looming downturn

BY: - September 15, 2023

Gov. Phil Murphy told South Jersey business leaders Friday he believes inflation and rate hikes will persist, but stopped short of doomsaying.

Strike! United Auto Workers declares historic strike against Detroit Three automakers

BY: - September 15, 2023

This is the first time in the union’s history it has gone on strike against all three automakers.

Striking New Jersey nurses return to the bargaining table, six weeks into walkout

BY: - September 14, 2023

About 1,700 nurses walked off the job six weeks ago in a dispute over their demands for a lower nurse-patient ratio. Talks resumed Thursday.

Local officials leave millions intended to preserve farmland unspent, auditor finds

BY: - September 12, 2023

A new state audit found local officials failed to spend $50 million in state funds budgeted to preserve farmland.

You’ll soon find weed brownies and THC drinks at New Jersey cannabis dispensaries

BY: - September 9, 2023

Nearly a year and a half after New Jersey's cannabis market opened, regulators have decided to move ahead with expanded sales of edibles.

Millions more workers would receive overtime pay under proposed Biden administration rule

BY: - September 8, 2023

The amount a salaried worker would need to be paid before an employer could avoid paying overtime would rise to $55,068 annually under a proposed rule from the Department of Labor.

Ailing North Jersey pension gets $334 million in federal aid

BY: - September 7, 2023

A private pension fund set to go insolvent next year will receive $334 million in federal aid to stabilize it through 2051.

Nurses striking for ‘safe staffing’ vow to keep up the fight

BY: - September 1, 2023

About 1,700 nurses at Robert Wood Johnson University Hospital in New Brunswick have been striking since Aug. 4. No end is in sight.