Study: Increasing minimum wage would benefit Illinois

Study: Increasing minimum wage would benefit Illinois. See story here. https://wgntv.com/2018/10/28/study-increasing-minimum-wage-would-benefit-illinois/

Have you heard? Raising the minimum wage in Illinois would help some residents out of poverty and increase economic activity, according to a new study by a local nonprofit. The Illinois Economic Policy Institute studied what would happen if the state raised minimum wage from $8.25 an hour to $10, $13 or $15 an hour, The State Journal-Register reported. “By raising the minimum wage, Illinois can boost worker incomes, reduce income inequality, increase consumer spending, grow the economy, generate tax revenues, and decrease taxpayer costs for government assistance programs,” the study said.

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