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Capital Construction
Quick Hit
by Ellyn Fortino
5:32pm
Tue May 27, 2014

Report: $15 Chicago Minimum Wage Would Lift Up Struggling Workers, City’s Economy

A proposal to hike Chicago’s minimum wage to $15 an hour would not only be a boon for many low-wage workers but also the city’s economy, according to a new report by the Center for Popular Democracy.

“Raising the minimum wage to $15 an hour would promote economic stability among Chicago workers, economic vitality in their neighborhoods and economic growth throughout this city,” said Connie Razza, director of strategic research at the center, which works both locally and nationally to build “the strength and capacity of democratic organizations to envision and advance a pro-worker, pro-immigrant, racial and economic justice agenda.”

The new report comes ahead of Wednesday’s Chicago City Council meeting, during which aldermen with the Progressive Reform Caucus plan to introduce an ordinance for a citywide hourly minimum wage of $15 an hour. The ordinance was developed with members of Raise Chicago, a coalition of community and labor groups advocating for a higher hourly wage floor in the city. Chicago’s current minimum wage is $8.25 an hour, the same as the base hourly wage in Illinois and $1 more than the federal level.