State workers represented by AFSCME Council 31 will see pay increases averaging $1,343 starting July 1. Total cost of the raises is $261 million as COVID-19 continues depleting state revenues.
Illinois’ second minimum wage increase this year is part of a plan to hit $15 an hour in 2025. Small businesses face tough decisions on cutting staff or raising prices.
How fair is it that some of the highest-paid state employees in the nation are getting a raise that must be funded by an economically wounded bunch of taxpayers?
A study from WalletHub ranks Illinois 50th-most severe on COVID-19 restrictions on bars and restaurants. 233,500 jobs were lost in that sector since February.
Peoria’s financial problems grew critical from the coronavirus, but the long-term threat of pension debt will remain even after more severe cuts are made.
While May’s jobs report showed what could be the beginning of a bounce back in total employment for the state, growth was concentrated primarily among white workers. Black and Hispanic workers were left behind.
Monthly sales tax collections in Illinois continued sharp declines compared to one year earlier amid strict COVID-19 restrictions. Neighboring states with more open economies fared better.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.