What’s a Living Wage in Chicago?

What’s a living wage in Chicago?
Living Wage Calculation for Cook County, Illinois 1 ADULT 2 ADULTS (BOTH WORKING) 0 Children 3 Children Living Wage $16.32 $25.83 Poverty Wage $6.13 $7.38 Minimum Wage $10.00 $10.00
Read more on livingwage.mit.edu

The bare minimum of income needed to pay for needs including housing, food, transportation, medical care, and other necessities is known as a living wage. The living wage in Chicago varies based on the size of the household and the area. The Massachusetts Institute of Technology’s living wage calculator indicates that the minimum necessary income for a family of four with two working adults and two children is at least $31.85 per hour, whereas the living wage for a single adult in Chicago is $13.13 per hour. How many hours are considered full-time in Illinois?

Working at least 35 hours a week is commonly considered to be full-time employment in Illinois. The amount of hours necessary to be considered full-time, however, may differ depending on the employer and the sector. Some employers might define full-time work as 40 hours per week.

Which States Have a $15 Minimum Hourly Wage?

Several states, including California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York, and Virginia, have enacted a $15 per hour minimum wage as of right now. The $15 minimum wage is nonetheless implemented differently in each state, with some phasing it in gradually over several years.

Which state’s minimum wage is the lowest?

At $5.15 per hour, Georgia’s minimum wage is currently the state with the lowest minimum wage. The majority of Georgian firms must, nevertheless, pay the $7.25 per hour federal minimum wage.

How Old Must You Be to Work in Illinois?

The legal age of employment in Illinois is 14 years old. There are a few exceptions to this rule, though. If they have a permit, 13-year-olds can work for specific employers in jobs like newspaper delivery, babysitting, and acting or modeling.

In conclusion, the living wage in Chicago varies based on the size and location of the household. Working a minimum of 35 hours per week is commonly considered to be full-time employment in Illinois. The state with the lowest minimum wage is Georgia, whereas some states have approved a $15 per hour minimum wage. In Illinois, 13-year-olds are allowed to work in some occupations with a permit.

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