State reports show 14,723 Illinoisans lost their jobs because of mass layoffs during 2024, with two-thirds resulting from business closures.
Job growth was healthy across the nation in November with a gain of 227,000. Illinois’ metropolitan areas lost 3,400, with Peoria losing at the fastest rate.
Nearly 9 in 10 of the Illinois job losses announced in November resulted from businesses closing. Chicago led the state for layoffs, followed by Rockford.
“I first started thinking about Dearborn Denim in 2014 because I wanted to get out of my job as a bond trader and start my own business.” “When I looked at apparel manufacturing, I realized you can manufacture in Chicago paying fair wages and sell directly to customers online and really shrink the supply chain...
Illinois is caught in a sluggish job market with persistently high unemployment. It was third-highest in the U.S. again during November.
A massive influx of 112,955 international migrants boosted Illinois population in 2024, new Census Bureau data shows. Buses from Texas likely grew Illinois’ population.
Illinois saw the third-highest rate of residents moving out in 2024 based on a survey by Atlas Van Lines. Jobs and taxes are among the top reasons people leave Illinois, which is also third in the nation for highest unemployment rate.
Only the pandemic hurt Chicago business starts and sustainability more during the past decade. Maybe Mayor Brandon Johnson should stop treating businesses like the enemy?
New data shows only six of 15 Illinois metropolitan areas added jobs in October as the state shed 2,400 jobs. Twelve metro areas reported higher unemployment than the national average.
Small Business Saturday offers a reason to be extra thankful: businesses with fewer than 20 employees have been the only ones to grow payrolls since COVID-19 hit.
Nearly half of the Illinois job losses in October resulted from True Value Co. declaring bankruptcy. Chicago led the state for jobs lost.
The statewide Illinois job market outpaced the national average. But 13 of 15 metro areas continued to have higher unemployment rates than the U.S. average.