Archive for Chicago Economy

CPEG Collaborates on Cost-Benefit Analysis of Chicago Airport Living Wage Ordinance

The Chicago Political Economy Group, along with other Chicago Academics and Unite Here! Local 1, recently collaborated on a cost-benefit analysis of a proposed Chicago Ordinance that would ensure airport concessions workers at O’Hare and Midway International Airports are paid at least the Chicago Living Wage ($11.18) that the City requires of other contractors.

The study estimates that 1,600 of the 2,400 concessions workers at the two Chicago airports would increase their wages an average of approximately $2 an hour. This would be an increase in annual income of about $4,000 per full-time worker covered, from roughly $18,000 to $22,000 a year.

View the Study

Investing in Chicago Communities; A Jobs Fund for a Future That Works

The Chicago Political Economy Group and Stand Up! Chicago today released a new plan entitled Investing in Chicago Communities; A Jobs Fund for a Future That Works. The Chicago Community Jobs Plan outlines our proposal to address Chicago’s jobs crisis by creating 40,000 new jobs for the city’s unemployed. The jobs plan would not only provide Chicagoans with living wage, full-time jobs that match their existing skills and experience, but would serve as an investment in our communities, making them safer, stronger and more vibrant.

View the Plan.