The East Peoria, Ill., plant will be the hardest hit, losing 230 jobs for office and production workers. As neighboring states grow factory work, Illinois is approaching an all-time low for manufacturing jobs.
Unlike Illinois, Pennsylvania has actually recovered the number of jobs it lost during the Great Recession, and now has 40,000 more jobs than it had at its pre-recession peak. Illinois, on the other hand, still has 90,000 fewer jobs than it had before the recession, the worst jobs recovery in the U.S.
Illinois lost 3,000 jobs on net in 2015, while other neighboring and Great Lakes manufacturing states all gained tens of thousands of jobs on net for the year.
Illinois businesses gave notice of impending layoffs in December as the state ended 2015 with fewer jobs than it had at the start of the year.
The state unemployment rate jumped to 5.9 percent from 5.7 percent, driven by an increase of 18,300 Illinoisans who are unemployed. Illinois also has 178,000 fewer people working compared to before the Great Recession.
I have a loyalty to my company and my people because they’ve been loyal to me and the company for many, many years.
Gov. Bruce Rauner and Republican state lawmakers have proposed bankruptcy for Chicago Public Schools; Mayor Rahm Emanuel has rejected the idea of bankruptcy, repeating his demand that Illinois taxpayers bail out the struggling school district.
Mayor Rahm Emanuel’s proposed 2 percent tax and new regulations would harm Chicagoans trying to make ends meet by renting out space in their homes, as well as tourists looking for less expensive lodging.
This blog is the fifth part of a series that explores Illinois’ workers’ compensation system, the state’s inadequate reforms, and opportunities policymakers should seize now to make the system less costly and more effective for employers and workers alike.
More than two-thirds of people moving far from their home state said employment or housing drove their decision.
Sky-high debt and a meager rainy day fund make Illinois the second-least prepared state in the U.S. for its capacity to weather a recession.
Illinois’ manufacturing job losses accelerated in 2015, while most neighboring and Great Lakes states continued to post gains in factory jobs.
Enjoy Life Foods plans to move its lone Illinois manufacturing facility and up to 150 jobs to southern Indiana this year.
Part 3 of Illinois’ broken workers’ compensation system: the major components of the 2011 reform