Illinois last in jobs growth, first in manufacturing losses in 2016
Illinois last in jobs growth, first in manufacturing losses in 2016
Illinois continues to have the worst jobs growth in the region, and tax hikes will only make matters worse.
Chicago made their business illegal, now Vugo is fighting back
Chicago made their business illegal, now Vugo is fighting back
Vugo is the type of technology startup political leaders often herald as the future of Chicago. But taxi protectionism has forced it to leave town.
Federal district court dismisses Illinois gamers’ biometric information privacy case against video game maker
Federal district court dismisses Illinois gamers’ biometric information privacy case against video game maker
A federal district court in New York has determined the mere violation of the Illinois Biometric Information Privacy Act does not amount to an injury sufficient to allow video game players to sue in federal court.
Illinois lost 86,000 people on net to Wisconsin over the past decade
Illinois lost 86,000 people on net to Wisconsin over the past decade
Illinois lost almost 24 residents per day to Wisconsin from 2006 through 2015.
CAT announces it will move corporate headquarters out of Peoria
CAT announces it will move corporate headquarters out of Peoria
With Peoria and downstate reeling, the Caterpillar move comes at a time of persistent disinvestment in Illinois manufacturing.
For many Illinoisans, the next recession is already here
For many Illinoisans, the next recession is already here
Illinois lost 11,000 manufacturing jobs in 2016.
How do you balance a budget when debts are exploding and your population is fleeing?
How do you balance a budget when debts are exploding and your population is fleeing?
Due to fiscal crises, both state and local governments are asking more and more from the same taxpayers – encouraging many of them to leave instead.
Illinois extends failed corporate tax credit program
Illinois extends failed corporate tax credit program
Gov. Bruce Rauner signed an extension of the EDGE tax credit program, though the program has an unsuccessful record of using taxpayer money.
Illinois lost 5 residents per day to Kentucky in 2015
Illinois lost 5 residents per day to Kentucky in 2015
Expect Kentucky to gain even more Illinoisans in coming years.
Illinois loses 16,700 jobs in face of new tax hike proposals
Illinois loses 16,700 jobs in face of new tax hike proposals
New Illinois jobs data reveal a state with thousands of job losses, unemployment rising to 5.7 percent, a collapsing manufacturing sector, and several downstate communities sliding back into recession — all of which make the Illinois Senate’s new tax hike proposal especially harmful.
Nippon Sharyo announces 100 layoffs, despite $10 million in state subsidies and tax credits
Nippon Sharyo announces 100 layoffs, despite $10 million in state subsidies and tax credits
Nippon Sharyo points to prototype difficulties and unspecified business concerns as the main reasons behind the layoffs.
Here’s why Moody’s is warning of an Illinois death spiral
Here’s why Moody’s is warning of an Illinois death spiral
Illinois’ weak economic growth and population loss may signal the beginning of a financial death spiral.
Chervon North America to move headquarters to Illinois
Chervon North America to move headquarters to Illinois
The company plans on moving its white-collar workforce to Naperville, while keeping its manufacturing plant in Michigan.
Madigan’s economic agenda is not aggressive and it’s not reform
Madigan’s economic agenda is not aggressive and it’s not reform
The newly re-elected House speaker is pushing a new tax on businesses, an increase to the minimum wage and more spending, while doing nothing to address salient problems such as workers’ compensation and pension debt.