St. Louis/Southern Illinois Labor Tribune: New Year minimum wage hikes will boost consumer spending, strengthen economy
By Tim Rowden
St. Louis/Southern Illinois Labor Tribune, Jan 2, 2023
More than 20 states, including Missouri and Illinois, will be raising their minimum wages to ring in the new year, according to a report from Business for a Fair Minimum Wage. Another four states and the District of Columbia have increases scheduled later in 2023.
Business owners across the country are welcoming the increases, saying they will boost consumer spending, strengthen local economies and improve employee hiring, retention, productivity and customer service. ...
Locally, Illinois is increasing its minimum wage to $13 on Jan. 1, 2023...