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On Jan. 1st, 2023, the minimum wage in Illinois will increase to $13 an hour, with a tipped minimum wage of $7.80 an hour. This continues a trend of raising the state’s minimum wage by one ...
Chicago’s minimum wage is now at $15 per hour, four years before the state is set to reach that bench mark. Groups like Fight for $15 have been lobbying for those increases for years, and a ...
The push to raise it has gone on for years because minimum wage workers stuck at $7.25 have lost substantial buying power. Had it just been adjusted for inflation since 2009, it would be $10.33 today.
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
The Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [173]
The Fight for $15 is an American political movement advocating for the minimum wage to be raised to USD $15 per hour. The federal minimum wage was last set at $7.25 per hour in 2009. The movement has involved strikes by child care, home healthcare, airport, gas station, convenience store, and fast food workers for increased wages and the right ...
In Chicago, there’s a separate minimum wage of $15.40 ($9.24 for tipped workers). ... More minimum wage increases are slated for coming years: $14 in 2024, and $15 in 2025. Smaller employers are ...
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1][2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$15. [3][4] It has been introduced in each United States Congress since 2017.