Chamber Responds to Governor Quinn's Budget Address
Chicago, IL - The Chicagoland Chamber of Commerce is surprised by the Governor’s call to increase the state’s minimum wage to $10 over the next four years while Illinois’ business environment is already so hostile to the creation of jobs, corporate relocations, and plant expansion.
“Illinois is already a leader in mandating one of the highest minimum wages in the nation,” said Chicagoland Chamber of Commerce President and CEO Jerry Roper. “Illinois’ economy is still not strong enough to absorb the costs associated with increasing the minimum wage. Too many businesses are struggling to make payroll. This plan has the unintended consequence of forcing businesses to cut jobs instead of investing in growing business and hiring more workers.”
The Chicagoland Chamber of Commerce suggests that the Governor and Illinois General Assembly help the state’s millions of workers by solving the public employee pension crises and passing a state budget that will reduce the tax and regulatory burden on businesses to create an environment for growth and job creation.
“The state needs to improve its reputation as being unfriendly to business,” added Chicagoland Chamber of Commerce Executive Vice President and Chief Operating Officer John Carpenter. “There are far more important issues that should be addressed that can have a positive impact on our economy including reforms to the public employee pensions and additional reforms to the workers’ compensation system.”
About the Chicagoland Chamber of Commerce
The primary role of the Chicagoland Chamber of Commerce is to make Chicagoland the most business-friendly region in America by enhancing our members’ success through aggressive programs in advocacy, member benefits and services, and actionable information. Serving as “The Voice of Business” since 1904, the Chamber leads aggressive public policy and business growth initiatives and we create meaningful events and programs to inform, engage, and connect our members to each other and the community. Visit ChicagolandChamber.org