Thursday, July 27, 2006

A Sign of the TImes

Chicago City Council OKs 'living wage' - Yahoo! News: "
By DEANNA BELLANDI, Associated Press Writer Wed Jul 26, 7:40 PM ET

CHICAGO - Brushing aside warnings from Wal-Mart, the City Council approved an ordinance Wednesday that makes Chicago the biggest city in the nation to require big-box retailers to pay a 'living wage.'

'It's trying to get the largest companies in America to pay decent wages,' said Alderman Toni Preckwinkle.

The ordinance passed 35-14 after three hours of impassioned debate.

The measure requires mega-retailers with over $1 billion in annual sales and stores of at least 90,000 square feet to pay workers at least $10 an hour in wages plus $3 in fringe benefits by mid-2010. The current minimum wage in Illinois is $6.50 an hour and the federal minimum is $5.15. . ."

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