Jobs + Growth

Illinois’ corporate handout program halted temporarily

Illinois’ corporate handout program halted temporarily

The expiration of the state’s EDGE program – which has given large companies more than $1 billion in tax credits the last 15 years – is good news for taxpayers and should encourage lawmakers to pass real reforms.

O’Hare, Midway parking fees to increase in 2017

O’Hare, Midway parking fees to increase in 2017

Though Chicago already has the highest sales tax in the nation as well as massive property taxes, the Chicago City Council passed new hikes on parking fees in Midway and O’Hare airports.

Chicago area sees slow jobs growth, downstate suffers continued job losses

Chicago area sees slow jobs growth, downstate suffers continued job losses

Metropolitan jobs data shows that from October 2015 – October 2016 the greater Chicago area is up +33,500 jobs while the rest of the state is down -2,700 jobs. Measured since before the Great Recession, from October 2007 – October 2016, the greater Chicago area is up 110,100 jobs while the rest of the state is down -42,700 jobs.

By Michael Lucci

LA Tan settles case under Illinois privacy law for $1.5M

LA Tan settles case under Illinois privacy law for $1.5M

L.A. Tan has settled a class action lawsuit in which plaintiffs alleged the company stored customers’ fingerprint data in violation of Illinois’ Biometric Information Privacy Act, or BIPA. Whether this settlement opens the gates to a flood of BIPA litigation remains to be seen.

By Amy Korte

Illinois companies announce 650 mass layoffs in November

Illinois companies announce 650 mass layoffs in November

Employers in the Land of Lincoln announced 650 mass layoffs in November, according to the November edition of the Illinois Worker Adjustment and Retraining Notification, or WARN, report. This report marks the first time since July 2015 that there wasn’t single mass-layoff announcement in the manufacturing sector. The types of jobs lost were spread across...

By Brendan Bakala