Only Bloomington has recouped early 2020 job losses, which is bad news for Illinois’ lagging economy as recession fears increase.
Bloomington is the only metro area to recover jobs lost during the COVID-19 pandemic and statewide mandated shutdowns. Illinois is still missing 200,100 jobs as of January 2020.
Despite Gov. J.B. Pritzker touting growth in “every major region,” Illinois shed jobs in three metropolitan areas and lagged the national average in seven more.
Decatur City’s city manager is on his way to take the same post in Bloomington, and with it a raise that will push his income above 49 of the nation’s 50 governors.
Seven metro areas across the state lost jobs over the month.
The insurer will downsize its IT division in Bloomington while adding tech jobs in other states.
The Brandt Group of Companies inked a deal through Illinois’ state tax credit program and will receive property tax abatements from multiple local governments.
Cities and villages across the state are raising taxes or implementing new ones for a variety of functions, from attracting a fast-food restaurant to catching up on rising pension costs.