Millennials could be key to Illinois’ housing recovery – but they are fleeing the state
Millennials could be key to Illinois’ housing recovery – but they are fleeing the state
Illinois loses more millennial taxpayers and dependents to other states than any state except New York.
By Madelyn Harwood
Income report shows Illinois staggering along with nation’s worst income growth
Income report shows Illinois staggering along with nation’s worst income growth
Illinois’ 32 percent income tax hike will steal nearly an entire year’s worth of income growth from Illinoisans.
By Michael Lucci
Deavay Tyler
Deavay Tyler
“I was born and raised on the South Side of Chicago. There’s just not a lot of jobs you can go to. “But we’ve grown a sustainable business. “If we close shop, the people in this community won’t have a place to go. Really the only jobs available are part-time for minimum wage … “People...
It’s time Illinois legalized fireworks
It’s time Illinois legalized fireworks
The Land of Lincoln is one of only six states to impose harsh restrictions on the sale and possession of fireworks.
By Austin Berg
More than 50 municipalities have opted out of Cook County’s minimum wage hike, sick days mandate
More than 50 municipalities have opted out of Cook County’s minimum wage hike, sick days mandate
Municipal leaders have expressed concerns about the anti-competitive, job-killing effects of Cook County’s minimum wage increases and new sick leave law and are using home rule authority to exempt their communities from the requirements.
By Amy Korte
Cook County black population falls by 12,000 from 2015-2016
Cook County black population falls by 12,000 from 2015-2016
Cook County has lost nearly 50,000 black residents since the 2010 census, and the rate is accelerating.
By Michael Lucci
Cook County population declines by 2,000 over 5 years, out-migration doubles
Cook County population declines by 2,000 over 5 years, out-migration doubles
Cook County’s population has dropped by 2,030 since 2011, driven by the out-migration of over 230,000 residents, on net.
By Kevin Angell
Grant Crowley
Grant Crowley
“I stopped taking a salary a long time ago so our numbers would look good. We’ve been surviving because we’re convenient. “People come to store their boats with us because we’re close to the city. It’s less fuel. It’s not worth going to Wisconsin or Michigan to pay $1,500 less for storage and maintenance. But...
Forget the unemployment rate, Illinois is in a depression
Forget the unemployment rate, Illinois is in a depression
Illinois is tied for the worst income growth in the entire U.S.
By Michael Lucci
BLS data show Illinois would have 250,000 more people working if it kept up with surrounding states
BLS data show Illinois would have 250,000 more people working if it kept up with surrounding states
Illinois has been lagging behind the rest of the region over the last decade, and will continue to do so if the state doesn’t enact necessary economic reforms.
By Michael Lucci
Amazon may employ 8,000 people in Illinois by end of 2018
Amazon may employ 8,000 people in Illinois by end of 2018
The Romeoville fulfillment center is one of several Illinois facilities Amazon has opened or plans to open in the coming years. For some of those locations, Amazon has signed deals with the state of Illinois worth tens of millions in potential tax credits.
By Brendan Bakala
Illinois lawmakers pass legislation to create state-based workers’ compensation insurance company
Illinois lawmakers pass legislation to create state-based workers’ compensation insurance company
House Bill 2622 would create a state-run workers’ compensation insurance company using a $10M loan from the Illinois Workers’ Compensation Commission Operations Fund.
By Madelyn Harwood
Workforce dropout causes Illinois unemployment to fall slightly
Workforce dropout causes Illinois unemployment to fall slightly
A new report from the Illinois Department of Employment Security shows Illinois had a modest net gain of 2,400 jobs in May, but still has fewer jobs today than before the Great Recession began.
By Michael Lucci
Illinois companies announce more than 2,100 mass layoffs in May
Illinois companies announce more than 2,100 mass layoffs in May
1,120 of the jobs lost were in manufacturing and food processing.
By Brendan Bakala