More than half of Illinois counties suffer outmigration
More than half of Illinois counties suffer outmigration
Residents are leaving every corner of Illinois for other states despite surging international migration propping up the total population.
Illinois home prices jump as inventory plunges
Illinois home prices jump as inventory plunges
The state’s housing inventory is at just 31% of pre-pandemic levels, driving up prices. Restrictive zoning and the nation’s highest property taxes must be addressed.
A recession would quickly sink Illinois’ unemployment insurance fund
A recession would quickly sink Illinois’ unemployment insurance fund
State unemployment insurance could withstand less than three months in an economic downturn. The taxes that support the fund are among the highest in the country.
Illinois near the bottom for entrepreneurship and growth
Illinois near the bottom for entrepreneurship and growth
High taxes and burdensome regulation are major factors in the state’s low ranking.
Manufacturing layoffs drive Illinois job cuts in February
Manufacturing layoffs drive Illinois job cuts in February
Virtually all of over 1,900 health care workers will get the opportunity to join a new employer.
Population loss, aging workforce threaten Illinois economy
Population loss, aging workforce threaten Illinois economy
Sluggish growth, continued outmigration and demographic challenges are projected to continue, according to Moody’s Analytics.
Pritzker doubles down on clean-energy expansion
Pritzker doubles down on clean-energy expansion
The governor talks about more subsidies and more government involvement to promote his energy agenda, which includes supporting nuclear expansion.
Illinois’ population loss could make congressional gerrymandering harder in 2030
Illinois’ population loss could make congressional gerrymandering harder in 2030
The state is predicted to lose a U.S. House seat in the next redistricting cycle.
Chicago business activity up for second straight month
Chicago business activity up for second straight month
The area saw expansion again after over two years of decline.
Pritzker proposes reducing burdensome housing regulations
Pritzker proposes reducing burdensome housing regulations
The state needs to add 227,000 homes by 2030 to meet demand
Housing shortage drives up Illinois prices 49%
Housing shortage drives up Illinois prices 49%
The state’s home prices are up 49% since 2019, while available housing lags the rest of the nation.
Illinois job openings drop by 100,000 since September with 302,000 unemployed
Illinois job openings drop by 100,000 since September with 302,000 unemployed
Illinois job openings are down by more than 100,000 since September.
Amazon Fresh cuts 1,545 Illinois jobs in January
Amazon Fresh cuts 1,545 Illinois jobs in January
Amazon laid off 1,545 Illinois employees. That was most of 2,000 total layoffs across the state in January.
Illinois at risk of losing $700M in SNAP funding from high error rate
Illinois at risk of losing $700M in SNAP funding from high error rate
Illinois must cut its error rate nearly in half to avoid penalties.