Illinoisans see $2,200 pay cut thanks to inflation
Illinoisans see $2,200 pay cut thanks to inflation
Wages rose in Illinois, but inflation rose even more. That left the average worker almost $2,200 worse off.
Wages rose in Illinois, but inflation rose even more. That left the average worker almost $2,200 worse off.
Illinois is already behind the national pandemic recovery. As the risk of recession increases, Illinoisans could fall farther behind.
Illinois lost more than 100,000 residents and $8.5 billion on net in adjusted gross income to other states from 2019-2020, according to new federal tax return data. Those leaving earned $31K more than those coming in.
1,019 Illinois communities of all sizes shared in the loss of 114,000 residents in 2021, new census data shows. Chicago lost 40% of the total.
A Census survey intended to estimate the accuracy of the 2020 Census is being used to project an Illinois population increase. While there may be more Illinoisans than originally thought, that does not mean they aren’t leaving at an accelerating pace.
Some Illinois politicians are using an estimate to revise the Census count and claim Illinois doesn't have a problem with its residents moving away. A closer look shows they are wrong, and the danger of denial.
Illinois is steadily adding jobs lost during the COVID-19 economic downturn, but despite 10 months of gains the state recovery lags the nation. Some metropolitan areas are far behind where they were.
“As business owners, we’re constantly up against headwinds at every level of bureaucracy and we’re exhausted from the fight to keep and extend more job opportunities here.”
Key indicators show Illinois’ labor market could begin adding jobs faster than the national economy if population decline and Amendment 1 don’t derail the state’s trajectory.
Illinois’ employment recovery continued in March, but the state is still missing one in five jobs lost during the COVID-19 pandemic’s economic downturn and state restrictions.
Illinois posted job growth of 19,600 in February, with bigger payrolls in 10 of 14 Illinois-based metropolitan areas.
In a new report on America’s 50 governors, Gov. J.B Pritzker was ranked 47th because of the harm he’s done to the state economy. Voters saved him from a lower rank by rejecting his ‘fair tax.’
Illinois is still missing 77,000 jobs from its restaurants, bars, hotels and other leisure industries since COVID-19 shutdowns. That Illinois jobs sector has recovered only 72% of what it lost in the pandemic – one of the nation’s worst recoveries.
Illinois’ employment recovery continued in February, but the state is still missing 21% of the jobs it lost in early 2020