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Illinois’ minimum wage is rising from $14 per hour to $15 on Jan 1, the final increase in a series of annual increases from a law Gov. J.B. Pritzker signed in February of 2019.
What Is the Minimum Wage in Chicago? In 2022, the hourly minimum wage in Chicago is $15.40 for businesses with more than 20 employees — or $9.24 for tipped workers. For businesses with 20 or ...
The minimum wage in Los Angeles and Washington, D.C., will be $15.00 per hour in 2020. [59] [60] By July 1, 2021, the minimum wage in Chicago was $15.00, with Illinois eventually matching the rate statewide by 2025. [61] As of July 1, 2024, the minimum wage in Chicago is $16.20 per hour for non-tipped employees and $11.02 for tipped employees.
In Chicago, there’s a separate minimum wage of $15.40 ($9.24 for tipped workers). Looking ahead: The state’s minimum wage is set to jump $1 every year until 2025, when it reaches $15. The ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
The effective nationwide minimum wage (the wage that the average minimum-wage worker earns) was $11.80 in May 2019; this was the highest it had been since at least 1994, the earliest year for which effective-minimum-wage data are available.
Its minimum wage will hit $20.29 in January, up from $18.99 now. At that level it will have the highest standard minimum wage rate in the country among states, counties and cities as of January 1 ...
Minimum wage increases in the past few years have helped Americans keep pace with annual inflation that reached a 40-year high of 9.1% in mid-2022 before gradually falling to 2.6% recently.