La Grange: A $15 minimum wage would increase paychecks for low-income workers and have the largest impacts on communities outside of the Chicago region, according to a new study from the Illinois Economic Policy Institute and Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign.
Full Report: The Regional Impacts of a $15 Minimum Wage in Illinois: Estimates for Six Regions
Fact Sheet: $15 Minimum Wage in Illinois
The report notes that four states have enacted legislation to gradually raise their minimum wages to $15 per hour– including New Jersey last week– and that 19 states increased their wage floors last month. Additionally, the people of Missouri voted to raise their minimum wage to $12 an hour last November. By contrast, Illinois’ adult minimum wage has been set at $8.25 per hour since July 2010.
