If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
New state data shed a light on weak economic growth in metro areas across Illinois.
Decatur is the fastest-shrinking city in the state since 2010, and saw some of the heaviest jobs losses among metro areas in 2017.
The Land of Lincoln is experiencing weak employment growth and a workforce dropout problem.
Illinois’ tepid jobs growth has come disproportionately in the Chicago area.
A positive jobs report for October does little to buck discouraging long-term trends in Illinois.
The September metro jobs report follows statewide numbers that showed one of the worst months for payroll jobs since the Great Recession.
Illinois lost 10,800 jobs on net over the month, and the state continues to experience labor force dropout.
Illinois’ August metro jobs report came amid long-term trends of sluggish jobs growth.
Illinois will need more foreign investment, and major reforms to the state’s business climate, in order to get off the weak economic path it now treads.
The state’s August jobs numbers were poor across the board, but especially sobering for manufacturing.