Who’s hurting in Illinois?
Who’s hurting in Illinois?
Illinois is the worst state in the Midwest for black men to find work.
Food-stamp enrollment in Illinois outpaces job creation by nearly 2-to-1
Food-stamp enrollment in Illinois outpaces job creation by nearly 2-to-1
Illinois’ sluggish jobs recovery is coming at a tremendous cost. For every post-recession job created in Illinois, nearly two people have enrolled in the Supplemental Nutrition Assistance Program, commonly known as food stamps. In the recession era, the number of Illinoisans dependent on food stamps has risen by 745,000. Without adequate job creation in the...
The disappearance of Illinois’ manufacturing jobs
The disappearance of Illinois’ manufacturing jobs
Illinois’ manufacturing sector has been hemorrhaging jobs for decades, and policy has a lot to do with it. Since 2004, Illinois has lost 125,000 manufacturing jobs. Most of these losses resulted from the Great Recession – a colossal 117,000 manufacturing jobs were shed from January 2008-January 2010 – but precious few have returned. In the...
Illinois employers forecast 1,300 layoffs
Illinois employers forecast 1,300 layoffs
More than 1,300 Illinoisans will be laid off in coming months, according to notices filed in accordance with the Workers Adjustment and Retraining Notification Act, or WARN. Among the cuts listed in the August WARN report are 418 jobs lost in conjunction with Hostess Brands’ shuttering of its Twinkie factory in Schiller Park – the...
Minority employment tanks under Quinn
Minority employment tanks under Quinn
Minorities have suffered disproportionately under the failed economic policies of Gov. Pat Quinn. From its pre-recession peak through 2013, the black employment rate has plummeted by 7.1 percentage points, more than any other racial group in Illinois. Fewer than half of black adults are employed in Illinois. And the black male employment rate has been...
A legislative agenda for entrepreneurs
A legislative agenda for entrepreneurs
Illinois has become infamous for encouraging cronyism and discouraging entrepreneurship, but there are a number of steps state lawmakers could take to end this cycle and encourage growth. Without serious changes, Illinois will continue on a cycle of job loss and economic decline. According to the Kauffman Foundation, Illinois ranks near the bottom for entrepreneurial...
Rockford set to seize property for crony deal
Rockford set to seize property for crony deal
Warshawsky Muffler has operated in Rockford, Ill., for 70 years, but that’s scheduled to change. The Rockford City Council said it may seize the three properties owned by S&L Warshawsky’s Inc. in order to allow a private developer to build a parking lot, according to the Rockford Register Star. The city decided earlier this year to...
U.S. recovers, Illinois lags
U.S. recovers, Illinois lags
U.S. nonfarm payrolls added 142,000 jobs in August, against consensus expectations of 230,000, according to the Bureau of Labor Statistics. August marked the worst month of job creation in 2014. Average monthly job creation so far this year is 215,000. The national unemployment rate ticked down to 6.1 percent, because only 16,000 unemployed Americans found...
Tattoo controversy shows how zoning regulation harms small-business growth
Tattoo controversy shows how zoning regulation harms small-business growth
Should the right to open a new business be put up to a public vote? At a meeting this week in Geneva, Ill., aldermen voted to reject tattoo artist Ramiro Guillen’s plan to open a tattoo parlor on Randall road because of opposition from other business owners. And, one alderman speculated, because of stereotypes about...
Illinois’ median wage has collapsed by $12,000 since 1999
Illinois’ median wage has collapsed by $12,000 since 1999
Illinois has long been known as a high-income state, but that‘s changed for many families in the middle. After decades of policy mistakes, the backbone of the state – Illinois’ middle class – has been hollowed out. Throughout Illinois’ history, innovation and high employment led to high incomes, making the Land of Lincoln a wealthy...
Baxter denies claims it will relocate from Illinois to Boston
Baxter denies claims it will relocate from Illinois to Boston
Though Baxter International Inc. has denied reports that it is considering relocating to Boston, Illinois officials are in damage-control mode to ensure that the Deerfield, Ill.-based company stays put. On Aug. 27, the Boston Business Journal reported that Baxter, a biotech giant that has been based in Illinois since the 1930s, is looking to make a...
Illinois metro areas lag behind most others in the nation on jobs recovery
Illinois metro areas lag behind most others in the nation on jobs recovery
The unemployment rate fell in all of Illinois’ metropolitan statistical areas in July, according to a press release from the Illinois Department of Employment Security. In fact, unemployment rates have fallen in all metro areas for four consecutive months, which seems like welcome news. But these numbers are only encouraging at face value. As is...
Quinn vetoes Uber legislation that would have stifled innovation, jobs growth and competition
Quinn vetoes Uber legislation that would have stifled innovation, jobs growth and competition
Nearly three months after the Illinois General Assembly passed devastating restrictions on innovative ridesharing services such as Uber and Lyft, Gov. Pat Quinn issued a surprising blow to the taxicab lobby by vetoing the job-killing legislation in its entirety. This March, in response to the recent success and popularity of ridesharing programs such as Uber...
Gov. Quinn vetoes Uber bill
Gov. Quinn vetoes Uber bill
On Aug. 25 Gov. Pat Quinn vetoed a bill pushed by the taxi lobby that would have restricted ridesharing services such as UberX and Lyft in Chicago. The veto is good news for ridesharing consumers and drivers. Uber will now move forward with its plan to bring 425 new jobs to Illinois. The bill’s champion...