Illinois’ unemployment rate is almost 2 percentage points higher than the national average, but that isn’t going to stop another effort by Democrats in Springfield to raise the minimum wage.
Illinois’ current wage of $8.25 an hour is already the fourth highest in the nation, higher than in any of the bordering states. Yet sponsors of Senate Bill 68 would take the rate to $10 an hour over 4 years.
This bill should be a nonstarter. Illinois had a 9.5 percent unemployment rate in March. The national average was 7.6 percent.
Raising the minimum wage in this economy would result in even more unemployment and could push the state back into a recession. If businesses have to pay a higher wage, they would either cut back on employees or the number of hours people work.
Illinois needs more jobs, not a wage hike that would hamper economic growth. Kill this bill.