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Wednesday, May 8, 2024

Illinois minimum wage jumps to $10: Many afraid it could impact small businesses

Credit: WTHI
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Illinois minimum wage jumps to $10: Many afraid it could impact small businesses
Illinois minimum wage jumps to $10: Many afraid it could impact small businesses
Illinois minimum wage jumps to $10: Many afraid it could impact small businesses

Many small businesses have taken a hit over the last few months..

And now some may continue to struggle as minimum wage in illinois has increased yet again.

News 10's jada huddlestun is live in our newsroom.

She shares concerns from a local business owner.

As of today..

Minimum wage in illinois has increased to 10-dollars an hour.

This is the second time this year for an increase.

Some say this could take a toll on small business.

On july 1st..

Minium wage in illinois jumps to 10 dollars an hour.

This comes after wages were raised 1-dollar on january first to 9 dollars and 25 cents.

Lynn holloway is the owner at main street cafe in paris.

Holloway says it's going to be a challenge for many to stay afloat.

"small business get hit hard.

They've gotten hit hard with covid, and then it just feels like another blow when you know, we have to increase the wages and stuff like that."

As many businesses continue to open their doors and adapt to the guidelines of reopening illinois ..

Holloway worries some may not reopen at all.

"i think some of the small businesses will close, especially you know, those that were on the brink of closing anyhow, and then it's this on top of it might just be you know, the cherry on top that's going to say 'i can't do this.'" as many things were pushed back due to covid-19..

This is something halloway wishes was too.

"that was pretty quick to go you know six months and another six months increase.

Yearly i could live with it, but when it's six months, especially now, that's really quickly."

Ultimatley..

It's all about shopping local.

"there are others that are just now opening their doors, so that's been three months at least where they've been closed, so they need that support from the community.

They need people to come and support them and spend their money."

Minimum wage is set to increase 1-dollar at the start of each year until wages hit 15- dollars an hour in 20-25.

Reporting live in the newsroom.

Jada huddlestun.

News 10.

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