Illinois housing shortage prices many out of homeownership
Illinois housing shortage prices many out of homeownership
Property taxes and restrictive zoning are driving the state’s housing crisis. New laws could help spur more construction.
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Mandating unaffordability: How Chicago’s housing affordability requirements decrease supply and increase costs
Pritzker’s economic record: Weak labor market, widening racial gaps
Unfair big government contracts hurt Illinois’ economy, cut job creation
House hunters: How high taxes hurt home investment in Illinois
Building fairness and opportunity: The effects of repealing Illinois’ prevailing wage law
IRS: Illinois led nation in rate of income loss in 2023
IRS: Illinois led nation in rate of income loss in 2023
The state lost a bigger share per resident moving out than anywhere else in the country, according to IRS data.
Highest-earning Illinoisans fleeing state at fastest rate
Highest-earning Illinoisans fleeing state at fastest rate
Residents of all age and income groups move out, but those making over $200,000 lead the departures.
IRS: Illinois lost $6 billion to outmigration in 2023
IRS: Illinois lost $6 billion to outmigration in 2023
A net of nearly 56,000 people and $6 billion in income left the state in 2023, according to IRS data.
Illinois income growth lags U.S. under Pritzker
Illinois income growth lags U.S. under Pritzker
State residents earn more than they did in 2019 but are falling behind the rest of the country while the tax burden drives out businesses.
Illinois posted slow job growth last year
Illinois posted slow job growth last year
The state’s unemployment rate is near the top nationwide
March mass layoffs hit Cook County hardest
March mass layoffs hit Cook County hardest
Nearly 1,100 cuts were reported statewide in a range of industries.
Illinois economy shows middling Q4 growth amid U.S. economic uncertainty
Illinois economy shows middling Q4 growth amid U.S. economic uncertainty
The state outpaced national growth for just the fifth time in the past 20 quarters. Long-term growth still shows worrying signs.
Illinois can expand opportunity with apprenticeship bill
Illinois can expand opportunity with apprenticeship bill
A measure in the General Assembly would permit cosmetology and barber apprenticeships as a pathway to a license.
Testimony: Lawmakers can help workers sustain careers through an evolving economy
Testimony: Lawmakers can help workers sustain careers through an evolving economy
House Bill 4882 was supported with written testimony by Josh Bandoch, head of policy at Illinois Policy.
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.