As the year comes to a close, New Jersey businesses need to be mindful of the yearly increases in state minimum wage rates. The New Jersey Department of Labor announced in a press release that effective January 1, 2025, the state minimum wage rate for most employees will increase by $0.36 to the new rate of $15.49. The minimum wage rate is not the only increase at the state level; also rising will be the maximum benefit rate for Unemployment Insurance Claims, the maximum weekly benefit rate for state plan Temporary Disability and Family Leave Insurance claims, and the maximum weekly Workers’ C