Illinois’ minimum wage just went up to $12 an hour. What does that mean for consumers?

By Meha Ahmad
Keep Your Change: This Restaurateur Says Customers Aren’t Ready To Ditch Tipping
A waiter reaches for plates at a restaurant in San Francisco. Nearly all restaurants in the U.S. operate under the tip system: Servers and those in the back of the house — chefs, line cooks, dishwashers, etc. — are paid a lower-than-average standard minimum wage, and then they earn tips to make up for the pay disparity. (Eric Risberg/AP)
Keep Your Change: This Restaurateur Says Customers Aren’t Ready To Ditch Tipping
A waiter reaches for plates at a restaurant in San Francisco. Nearly all restaurants in the U.S. operate under the tip system: Servers and those in the back of the house — chefs, line cooks, dishwashers, etc. — are paid a lower-than-average standard minimum wage, and then they earn tips to make up for the pay disparity. (Eric Risberg/AP)

Illinois’ minimum wage just went up to $12 an hour. What does that mean for consumers?

By Meha Ahmad
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Illinois joins 25 other states in raising their minimum wage. But the hike comes amid a national worker shortage and rising inflation costs. Reset talks to a local economist about what this could mean for employers, workers and consumers.

GUEST: Bob Bruno, director of the labor education program at the School for Labor and Employment Relations at the University of Illinois, Urbana-Champaign