Illinois’ jobs report card
Illinois’ jobs report card
It’s report-card season in Illinois, as the journey and efforts that began last August have come to fruition for students across the state. State governments can be graded too, in particular on the subject of jobs. How Illinois fares on job creation is critically important for local high school and college seniors, who have just...
By Michael Lucci
Chart of the week: Waning entrepreneurial spirit in Illinois
Chart of the week: Waning entrepreneurial spirit in Illinois
According to a recent Gallup survey, only 60 percent of Illinoisans believe that this is a good state to start a business. Not only do we have one of the most negative views in the nation, but it stands in stark contrast to booming states such as North Dakota and Texas, where more than 80...
By Naomi Lopez Bauman
Hoosier playbook: How Indiana lures Illinoisans with opportunity
Hoosier playbook: How Indiana lures Illinoisans with opportunity
Illinoisans cross the border to become Hoosiers at a stunning rate. Illinois had a net loss of 4,100 people and $76 million of annual income to Indiana in 2010 alone, the most recent year of Internal Revenue Service data. That’s because for every three people who left Indiana for Illinois, four left Illinois for Indiana. Illinois’ losses to Indiana are...
By Michael Lucci
Illinois private-sector payrolls fall by 5,400 as workers leave workforce
Illinois private-sector payrolls fall by 5,400 as workers leave workforce
Illinois’ unemployment rate fell to 7.5 percent from 7.9 percent month-over-month, according to the Bureau of Labor Statistics’ most recent household survey. But there’s no reason to celebrate. Payroll jobs shrank by 2,600, with a loss of 5,400 private-sector jobs and an increase of 2,800 government jobs. The decline in the unemployment rate was driven...
By Michael Lucci
Crony community development organization thinks ‘Mike’s’ is ‘too ghetto’
Crony community development organization thinks ‘Mike’s’ is ‘too ghetto’
A Chicago business owner was told that his nickname – “Mike” – was “too ghetto” to be in the name of his own store. Mike Sharma was told by the University Village Association, or UVA, that his store’s intended name, “Mike’s Wine and Spirits,” wasn’t classy enough for the Little Italy neighborhood. As part of...
By Bryant Jackson-Green
A tale of two governors: Wisconsin vs. Illinois
A tale of two governors: Wisconsin vs. Illinois
In January 2011, the governors of Wisconsin and Illinois took office for their first elected terms. They set their states on two very different paths: one that led to recovery, and one that led to further decline. Gov. Pat Quinn saw a hole in pension funding, so he raised income taxes on all Illinoisans by...
By Michael Lucci
Small businesses give Illinois an F
Small businesses give Illinois an F
The 2014 Thumbtack.com Small Business Friendliness Survey asked 13,000 small businesses across the U.S. to grade the friendliness of their state and locality. Illinois businesses gave the Land of Lincoln an F. Ever the golden child, Chicago earned a D+. These grades are unacceptable. Illinois’ small businesses are sounding the alarm for what’s causing Illinois’...
By Michael Lucci
Illinois has the second-worst GDP growth in the Midwest
Illinois has the second-worst GDP growth in the Midwest
Illinois recorded the second-worst growth in gross domestic product of any state in the Midwest, according to this week’s release from the Bureau of Economic Analysis. The Illinois economy grew by just 0.9 percent in 2013. Only Missouri grew slower, at a sluggish 0.8 percent. The state’s growth ranks near the bottom nationally as well....
By Michael Lucci
Pedaling backward: Chicago’s attack on pedicabs
Pedaling backward: Chicago’s attack on pedicabs
These new rules are hitting drivers hard, and limiting their ability to make a living.
Chart of the week: Setting the record straight on employment under Quinn
Chart of the week: Setting the record straight on employment under Quinn
When Gov. Pat Quinn’s campaign spokesperson, Brooke Anderson, joined host Mike Flannery on Fox Chicago on June 8, she claimed: “Unemployment is at its lowest point in more than five years. More people are working in Illinois today than when the governor took office.” But that’s simply not true. While the unemployment rate in Illinois...
By Naomi Lopez Bauman
The nation’s 7 million “jobs gap”
The nation’s 7 million “jobs gap”
The nation’s unemployment rate remained at 6.3 percent in May, according to the U.S. Bureau of Labor Statistics’ latest unemployment report. But with 217,000 jobs created, the total number of payroll jobs has finally recovered to its pre-recession level. In other words, the nation is finally back to where it was six years ago. While...
By John Klingner
Illinois craft brewers fight to stop damaging regulations
Illinois craft brewers fight to stop damaging regulations
The Illinois Liquor Control Commission, or ILCC, has proposed new regulations to the craft brewing industry that would halt expansion plans for many craft breweries throughout the state. The proposed regulations would limit brewpubs’ ability to produce and sell more than 1,200 barrels of their beer for offsite consumption, even to licensed distributers. This is...
By Justin Hegy
Chicago unemployment rate 5th highest of nation’s 49 largest metro areas
Chicago unemployment rate 5th highest of nation’s 49 largest metro areas
Illinois politicians want to make things worse for the many Chicagoans struggling to find jobs and make ends meet. They’re calling for state, county and local tax hikes on the city that already has one of the worst metro area unemployment rates in the nation, according to the U.S. Bureau of Labor Statistics. Gov. Pat...
By John Klingner
Why Illinois doesn’t need mandatory labeling for genetically modified food
Why Illinois doesn’t need mandatory labeling for genetically modified food
Should food producers be forced to label genetically modified, or GM, goods? It’s a trend that’s been popping up in states across the country, with laws now on the books in Maine and Connecticut. The possibility has been raised in Illinois, too, with a Senate bill under discussion that would require foods with even one...
By Bryant Jackson-Green