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
Illinois’ lagging pandemic recovery continued across its cities in July. Only 1 metropolitan area has recovered from the pandemic.
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.
U.S. Steel is cutting up to 1,000 jobs and selling parts of its Granite City plant. The move comes as Madison County employment remains down over 5,600 jobs since the pandemic.
Illinois’ overall job numbers continue to rise, but the recovery is spotty. Over half of the metropolitan areas failed to add jobs in April.
Illinois’ employment recovery continued in April, but the state is still missing almost one in five jobs lost during the pandemic.
Illinois has the nation’s third-highest number of state regulations and double the U.S. average. Regulations make life hard for Illinois’ small businesses, where most Illinois jobs are created.
New data show Illinois lost private sector jobs amid a national economic expansion for the first year on record in 2019, a sign of the state’s deep structural problems in the run-up to the current market downturn.
Amazon bought the old commercial property, but Bolingbrook’s mayor opposes putting 1,500 jobs on it. Illinois’ job growth was below the national average in 2019.
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.
Illinois’ unemployment rate hit 3.9% in September – the first time in decades that the jobless rate went under 4%, according to data from the U.S. Bureau of Labor Statistics.