America’s War on Poverty has been an abject failure. Nearly $12 trillion and 60 years later, official poverty rates remain basically unchanged. While the nation waged a well-intentioned assault on poverty, it inadvertently launched a far more sinister war: on dignity. While attempting to eradicate poverty, America created countless government welfare programs. In doing so,...View Report
Truth in Accounting experts contested Gov. J.B. Pritzker’s claims Illinois is on the best fiscal footing in years, citing chronic underfunding of the state’s nation-leading pension debt. The watchdogs ranked Illinois’ finances third worst among U.S. states.
Illinois stands as one of the states with the most to gain – and lose – as the national economy continues to surpass job growth expectations.
Illinois’ employment recovery continued in July, but the state is still missing nearly 1 in 9 jobs lost during the pandemic.
Gov. J.B. Pritzker’s newest campaign ad credits him with fixing state finances and boasts of Illinois’ job growth. Both are among the worst in the nation.
Only Bloomington has recouped early 2020 job losses, which is bad news for Illinois’ lagging economy as recession fears increase.
With the highest unemployment rate in the Midwest and 117,000 jobs still missing, Illinois’ labor market is among the least recovered in the region.
Illinois’ employment recovery continued in June, but the state is still missing one in seven jobs lost during the pandemic.
Illinois is already behind the national pandemic recovery. As the risk of recession increases, Illinoisans could fall farther behind.
A Rockford family and their trucking business are being driven out of Illinois by high taxes and bad public policies. If voters agree Nov. 8 to enshrining public union power in the Illinois Constitution, expect more businesses and workers to leave.
Illinois is steadily adding jobs lost during the COVID-19 economic downturn, but despite 10 months of gains the state recovery lags the nation. Some metropolitan areas are far behind where they were.