Minimum Wage

Currently, Chicago’s minimum wage is $15 an hour for employers that have 21 or more employees and $14 an hour for smaller businesses.

Currently, Chicago’s minimum wage is $15 an hour for large employers and $14 an hour for smaller businesses. But on July 1, those wages will go up.

Currently the minimum wage in Cook County is $13 for non-tipped employees and $6.60 for tipped employees. On July 1, both of those rates will rise.

Minor league players and Major League Baseball have reached a settlement in a lawsuit alleging teams violated minimum wage laws. Terms of the settlement were not filed with the court Tuesday and details were not released.

Workers and activists gathered on International Women’s Day to call for an end to the sub-minimum wage in Illinois. NBC 5’s Charlie Wojciechowski reports.

Target says it is raising its minimum wage up to $24 an hour for workers in stores and distribution centers in competitive markets.

The Living Wage Act of 2022, which aims to raise California’s minimum wage to $18, began to collect signatures in February.

The minimum wage could increase to $15 per hour for about 270 Detroit municipal employees under a plan expected to be presented in the coming weeks to the City Council.

A new program plans to give Black women in Georgia up to $850 in guaranteed income per month. Similar experiments are also taking place across the country.

Economists say employers will continue to give big pay raises, but they won’t solve the labor shortage and could contribute to rising inflation.

Federal agencies were told on Friday to raise the minimum wage to $15 for workers, according to a memo from the Office of Personnel Management.

Restaurant owner Stephanie Bonin started a petition for monthly payments in March 2020. Nearly two years later, the cause still resonates with many Americans.

Twenty-six U.S. states will raise their minimum wage in 2022. Activists have pushed for $15 an hour, but some are setting their sights on an $18-per-hour rate.

A push to raise the federal minimum wage to $15 per hour failed this year. Now, many states are poised to raise their own minimum pay next year.

As lawmakers debate whether to give Americans more aid through the Build Back Better Act, a survey shows that the savings gap has widened.

Bleakley Advisory Group’s Peter Boockvar believes the Federal Reserve should have pulled back its pandemic aid policies much sooner.

The earned income tax credit has been made more generous. That means some workers could see bigger tax refunds next year.

Almost half of American families with young children have had a high risk of falling into poverty. That could have lasting effects on their children’s lives.

Last Thanksgiving was characterized by long lines for food. This year, food banks say they’re still seeing high demand, along with new economic challenges.