Wednesday, June 12, 2019

Tribune: Aldermen introduce plan to hike Chicago's minimum wage to $15 in 2021

Introduced in today's session of the Chicago City Council:
Chicago’s minimum wage would increase to $15 in 2021, four years earlier than in the rest of the state, under a proposal aldermen introduced to the City Council on Wednesday.

South Side Ald. Sophia King, 4th, said the higher cost of living in the city than downstate makes the quicker bump necessary. “That is why we are here today,” King said at a news conference to announce the ordinance.

The “Raise Chicago” ordinance would increase the city’s minimum wage to $14 on July 1, 2020, and to $15 on July 1, 2021.

New Mayor Lori Lightfoot has been supportive of the idea of a $15 Chicago minimum wage.

While business groups have argued that the higher wages could lead to layoffs, King said studies have shown no impact on employment levels as minimum wages go up.
In the rest of the state, the minimum wage is expected to go up to $15/hr by 2025. In the city mimimum wage is expected to max out at $13/hr by next month.

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