Workers’ compensation is a significant cost to Illinois taxpayers and drains scarce tax dollars from government coffers. A previous report in this series estimated the direct cost of workers’ compensation to state, county and municipal governments is $402 million in worker payouts per year.1 Building upon those findings, this report estimates that the total cost of workers’ compensation to...View Report
Illinois saw a 0.23 percent increase in jobs in the first quarter of 2017, the third-worst growth rate in the region.
Illinois lost jobs across several industries including construction, manufacturing, and professional and business services. The only employment category to see significant growth was leisure and hospitality.
Insurance premiums cost 20 percent of payroll for concrete construction workers in Illinois.
In exchange for more than $112 million in tax breaks, Amazon promised to expand its Illinois operations and hire 7,200 new employees in Aurora, Monee and Joliet.
Numbers from the March WARN report show that employers in Illinois across various industries laid off 2,573 workers; 267 of the layoffs were in manufacturing.
The small sheet metal fabricator will move from its current facility in Antioch, Ill., to an 8-acre location in Bristol, Wis.
State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration.
In February 2017 Illinois surpassed its previous jobs peak from September 2000. However, long-term problems could potentially hamstring further jobs growth if left unaddressed.
While the gummy bear maker’s American headquarters is located in Rosemont, Haribo has opted to build right over the border in Kenosha County, Wisc.
Illinois used to gain net population from Michigan, but data for recent years indicate that Michigan now gains more residents on net from Illinois.