New Minimum Wage 2024 Illinois. The city of chicago and cook county are also increasing their minimum. The minimum wage measure would increase the state’s current rate of $12.30 an hour to $13.75 an hour in 2025 and $15 an hour by 2026, with annual adjustments.
According to city officials, the minimum wage in chicago will rise to $16.20 an hour, up from $15.80. As of july 1, 2024, the minimum wage in chicago is $16.20 per hour for employers with 4 or more workers.
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