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Report shows increasing Illinois minimum wage might actually speed up job creation

Jul 17, 2014

State lawmakers are looking to increase the Illinois minimum wage from the current rate of $8.25. They’ve placed an advisory question on the November ballot, and a panel in Chicago has recommended the city increase its minimum wage to $13 per hour by 2018.

Increasing the Illinois minimum wage has its critics, particularly those who believe it is just a political ploy to get Democrats out to the polls in November to vote.

But a recent study shows there might be an advantage to increasing the minimum wage, at least in the area…

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