Chicago City Council raises hourly minimum wage

Chicago hikes its minimum wage

Chicago on Tuesday joined Washington D.C., San Francisco, Seattle and a number of other major cities in passing legislation to raise the minimum wage beyond the current federal level of $7.25 an hour. Proponents of a minimum wage increase said it would be a life-changing boon for low-income working families, young people and other low-wage workers. Opponents said the measure would send businesses fleeing to cities where labor costs are lower. Chicago aldermen voted overwhelmingly in favor of raising the city’s $8.25 minimum wage to $13 over the next five years during a special City Council meeting called by Mayor Rahm Emanuel. Only five of the city’s 50 alderman voted no.