25 News NBC: Pritzker signs $15 minimum wage into law

By Tim Shelley
25 News NBC, Week Television, Feb 19, 2019

SPRINGFIELD, Ill. (WEEK) — Gov. JB Pritzker has signed a bill into law which will raise the Illinois minimum wage to $15 an hour by 2025. Senate Bill 1 will gradually increase the minimum wage from the current $8.25 an hour to $15 an hour. The first wage hike is set to go into effect on Jan. 1 of next year, when the minimum wage will increase to $9.25 an hour. ...

One business owner in favor of the minimum wage increase is Robert Olson, an insurance agent with an office in Washington.

“By gradually raising the minimum wage to $15 by 2025, low-wage businesses will have the time they need to plan and adjust, while experiencing the benefits of a higher wage floor like increased consumer spending and increased productivity,” said Olson. “Raising the minimum wage will also mean a more level playing field for business. It’s not right that some businesses pay wages that are so low their employees need public assistance and private charity just to get by.”

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