Sunday, June 29, 2008

Illinois Minimum Wage to Increase to $7.75 July 1, 2008

The state of Illinois will increase its minimum wage from $7.50 per hour to $7.75 per hour effective July 1, 2008, with additional increases to $8.00 per hour on July 1, 2009, and to $8.25 on July 1, 2010.

Increasing the minimum wage to $7.75 per hour will add an additional $520 in annual wages for a full-time minimum wage worker. When the minimum wage of $8.25 per hour takes effect in 2010, state Gov. Blagojevich will have helped boost the pay for minimum wage workers in Illinois by $3.10 per hour in seven years.

Gov. Blagojevich signed legislation in December 2006 increasing the Illinois minimum wage. The governor estimates that nearly 700,000 people will benefit from the increase. "We're facing hits on food, hits on deliveries to us and now labor increases," said Todd Rawls, a local businessman "That all affects insurance, my rent’s gone up, you name it, it has all gone up."

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