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Minimum Wage Hike Proposed for N.J.

New Jersey would have the highest minimum wage in the nation if the $1.10 increase being recommended by a state-authorized study commission becomes law.

The Minimum Wage Advisory Commission released a report Friday that calls for an immediate increase of the current $7.15 per hour minimum wage to $8.25.

The report also recommends the minimum wage be adjusted annually to keep up with the rate of inflation.

If approved by the state Legislature, which authorized the commission's study, and signed into law by Governor Corzine, New Jersey's minimum wage would best by a quarter the minimum wage in Massachusetts, which currently has the nation's highest at $8. Read More

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