Crain's Chicago Business reports:
Mayor Rahm Emanuel is moving to jump-start his proposal to raise Chicago's minimum wage to $13 an hour, fearing that the Illinois General Assembly may be about to pre-empt this city's ability to do so.$13 times 40 hours a week , times 52 weeks, equals $27, 040 a year. Chicago Public Schools have a 42% drop off rate. What are the prospects of high school drop outs making $27,040 on their first job??
