Illinois should take steps toward more accurate and frequent property assessments to ensure the tax burden is distributed as fairly as possible.View Report
Illinois added 18,100 new jobs in June, the highest monthly increase since summer 2017, but the Prairie State still lags behind the rest of the nation for the post-recession period.
Illinois’ jobs situation improved in May, but the state needs long-term solutions such as a spending cap to get on a path to fiscal health and assure investors more tax hikes are not on the horizon.
New data from the Bureau of Labor Statistics show eight of Illinois’ 13 metro areas gained jobs over the month.
Revisions from the Bureau of Labor Statistics flipped Decatur’s jobs growth from negative to positive over the year, though the growth was meager.
Combined jobs growth was slightly positive across Illinois’ metro areas in January. But only four metro areas have recovered the jobs they lost during the Great Recession.
Despite healthy jobs growth nationally, Illinoisans are desperate for work.
Illinoisans have become accustomed to a state economy that lags behind those with better business climates.
The September metro jobs report follows statewide numbers that showed one of the worst months for payroll jobs since the Great Recession.
Until Illinois lawmakers get serious about economic growth, don’t expect the state’s jobs trend to get off the depressing path it’s been treading for years.
Illinois has been lagging behind the rest of the region over the last decade, and will continue to do so if the state doesn’t enact necessary economic reforms.