Study: Repealing IL Prevailing Wage Law Would Boost Economy

by | Mar 1, 2018

A study from the Illinois Policy Institute determined that repealing the state’s prevailing wage law would help boost economic growth.

A study from the Illinois Policy Institute determined that repealing the state’s prevailing wage law would help boost economic growth by spurring construction job growth and lowering the cost of taxpayer-funded public construction projects an average of 10 percent. According to the study, construction sector employment grew nearly 8 percent in states that repealed their prevailing wage law. In Illinois, that could translate to 14,000 new construction industry jobs during the next decade.

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