Stateline: Next Wave of State Minimum Wage Proposals Would Index To Inflation
By Pamela M. Prah
Stateline News Service, March 15 2013
At least 10 states are considering raising their minimum wages even as President Obama's proposal to increase the federal standard is stuck in Washington's political quagmire. In one of those states, New Jersey, voters rather than legislators will decide the issue. A measure that will be on the ballot this fall would increase the state’s minimum wage by $1, to $8.25.
The New Jersey measure also would take politicians out of future hourly wage increases by including automatic annual adjustments for inflation, known as "indexing."...