Illinois companies announce over 800 layoffs in October
Illinois companies announce over 800 layoffs in October
More than half of the month’s jobs losses occurred in the manufacturing sector.
Illinois lost more than 30,000 millennials on net in 2014
Illinois lost more than 30,000 millennials on net in 2014
Illinois’ out-migration of younger workers should concern lawmakers and urge them to pass pro-growth reforms.
IRS migration data show wealth and youth are fleeing Illinois
IRS migration data show wealth and youth are fleeing Illinois
Illinois’ 2011 income-tax hike caused out-migration that cost the state high-earning taxpayers. New IRS data show taxpayers who left had an average income of $77,000 per year, compared with taxpayers who entered Illinois, who had an average income of $57,000 per year.
Illinois 1 of 7 states where home values are still below pre-recession levels
Illinois 1 of 7 states where home values are still below pre-recession levels
The state’s high-tax burden is not only hurting struggling taxpayers’ pockets, but is also depreciating home values across Illinois.
4 manufacturers announce plans to shut down or move out of Illinois
4 manufacturers announce plans to shut down or move out of Illinois
Continued jobs losses in manufacturing underscore the need to reform the state’s onerous tax and regulatory policies.
Vonco Products LLC to move to Wisconsin from Illinois
Vonco Products LLC to move to Wisconsin from Illinois
Vonco is the second major packaging manufacturer to leave Illinois in less than two weeks.
Tobacco maker plans to leave Illinois
Tobacco maker plans to leave Illinois
Altria announces plant closures in Illinois and Pennsylvania.
Google Fiber pauses Chicago operations
Google Fiber pauses Chicago operations
Tech giant suspends plans to bring fiber optics to Windy City in favor of a wireless approach.
Food-stamp enrollment outpaces population growth in Illinois
Food-stamp enrollment outpaces population growth in Illinois
Participation in the Supplemental Nutrition Assistance Program has increased more than six times the rate population has grown over the last five years.
Illinois has fastest shrinking labor force of all surrounding states
Illinois has fastest shrinking labor force of all surrounding states
New data from the Bureau of Labor Statistics show Illinois’ professional and business services sector has fared better than the state’s manufacturing industry, which recorded 800 job losses in September.
Executive order equips Illinoisans to take on red tape
Executive order equips Illinoisans to take on red tape
Gov. Bruce Rauner has ordered executive agencies to review all their regulations for necessity, clarity and statutory authority and to mark for repeal or revision rules that don’t meet those criteria.
Colbert Packaging moves division to Wisconsin from Illinois
Colbert Packaging moves division to Wisconsin from Illinois
Division president cites Wisconsin’s favorable business environment as chief reason for move.
Chicago to propose restrictive licensing for pharmaceutical reps
Chicago to propose restrictive licensing for pharmaceutical reps
A proposal to license pharmaceutical reps amounts to costly fees and red tape that will do little to promote public health and safety.
Illinois: Plenty of pumpkins, not enough people
Illinois: Plenty of pumpkins, not enough people
Illinois ranks as the top pumpkin producer in the country, which isn’t much of a consolation given the state’s poor performance in almost every economic category.