A major library supplier formerly employing 1,500 will cease operations at the end of the year, laying off 318 workers in October at its Momence distribution center.
Illinois saw 1,782 mass layoffs in June. Two merged Chicago job search firms, Monster and CareerBuilder, is sending 390 workers searching for new jobs.
Despite Illinois experiencing job growth in some sectors, it remains one of the states with the highest unemployment rates. It’s been that way for 66 of the 77 months J.B. Pritzker has been governor thanks to high taxes and too much state spending.
Illinois companies announced 1,477 mass layoffs during May. The highest concentration of cuts impacted Champaign after one of the state’s largest health insurers, Health Alliance, announced it would end coverage and halt operations.
If Illinois state lawmakers follow the Chicago Teachers Union’s push for a 7.92% base corporate tax rate, it can severely hurt Illinois’ competitiveness. Job creators do not need another reason to abandon Illinois.
As Illinois Gov. J.B. Pritzker positions himself as the foil to President Donald Trump, a look at his record as governor is telling. What it is telling is not good.
Illinois companies announced 1,666 mass layoffs in February, with more than 4-in-5 impacting workers in Cook County. Schaumburg alone accounted for one-third of job losses.
Illinois continues to maintain a sluggish job market and high unemployment. The December unemployment rate was third highest in the nation, where it has remained for months.
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.