Supporting New Jersey's Workers

​​This report evaluates the adequacy minimum wage in New Jersey and discusses a number of factors that must be considered in assessing its adequacy. This includes an analysis of cost of living in New Jersey, changes in the components of cost of living, comparison of New Jersey to other states with respect to the above, analysis of purchasing power of minimum wage over time and comparison of minimum wage to other benchmarks of income like the Federal Poverty Threshold and Lower Living Standard Income Level. The report recommends an immediate increase in minimum wage in New Jersey, instituting automatic annual increases based on New Jersey regional Consumer Price Index and continued oversight of the New Jersey’s Minimum Wage Advisory Commission.​