Chicago Law Sets Minimum Wage for Big Retailers

Ignoring warnings from Wal-Mart and Mayor Daley, this ordinance passed by the City Council makes Chicago the biggest city in the nation to require big-box retailers to pay a ”living wage.” AP reports:

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.

This must be a hard won victory even for a City Council as progressive as Chicago’s.