Emanuel panel recommends raising minimum wage to $13
BY MITCH DUDEK Staff Reporter July 7, 2014 10:41PM
Mayor Rahm Emanuel | Brian Jackson~Sun-Times
Updated: July 8, 2014 2:18PM
A panel that Mayor Rahm Emanuel charged with researching Chicago’s minimum wage reported back Monday with this recommendation: raise it to $13 an hour by 2018.
The Minimum Wage Working Group contends that the proposed increase — to be phased in over four years — will increase earnings for about 410,000 Chicagoans; inject nearly $800 million into Chicago’s economy over four years; and better align earnings with the cost of living adjusted for inflation.