We Are Pleased to Announce Newly Revised Programs in our 2019 Spring Seminar Series.
The U.S. Bureau of Labor Statistics has reported that real average hourly earnings for all employees increased 0.2 percent from December to January. This result stems from a 0.1-percent increase in average hourly earnings combined with no change in the Consumer Price Index (CPI).
Illinois is close to enacting legislation that would nearly double its minimum wage. Currently, the Illinois Minimum Wage Law guarantees covered employees a minimum hourly wage of $8.25. However, theIllinois House of Representatives approved a billthat would significantly raise this minimum wage to $15 statewide. The Illinois Senate has already passed the bill. Although former Governor Bruce Rauner vetoed a similar bill in 2017, current Governor J.B. Pritzker has already issued a statement that he will sign this bill into law. The $15 minimum wage will not go into effect immediately. Instead, it will increase gradually every year until it reaches $15 in 2025. The first increase is expected to be a $1 increase to $9.25 effective Jan. 1, 2020.
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