Village moves to seize popular Chinese restaurant for nonexistent developers

By Janelle Cammenga

11/20/2018

Chicago suburb failed once, but is trying again to redevelop its downtown and displace a business popular for more than 40 years. Without a developer, they only can hope that if they rebuild it, someone will come.

TAGS: development, eminent domain, Fox River Grove, jobs, Kelo v. City of New London

As nation celebrates small businesses, Illinois politicians take them for granted

By Orphe Divounguy, Bryce Hill

11/19/2018

A history of tax hikes to prop up unsustainable spending makes Illinois a frosty climate for small businesses.

TAGS: employment, jobs, progressive income tax, small business, spending cap, taxes

Illinois strikes out on Amazon HQ2

By Brad Weisenstein

11/15/2018

Amazon picked two of the 20 remaining cities to split its $5 billion, 50,000-job HQ2, with a third city receiving 5,000 jobs. Illinois struck out on all three.

TAGS: Amazon, EDGE: Economic Development for a Growing Economy, jobs, tax credits

Illinois’ private sector jobs growth among worst in the nation since 2017 tax hike

By Bryce Hill, Chena Underhill

11/02/2018

Jobs growth in Illinois has gone from middle of the pack to back of the line.

TAGS: income tax, jobs, taxes, unemployment

Illinois metro areas gain 800 jobs in September

By Orphe Divounguy, Bryce Hill

10/26/2018

While a majority of Illinois’ metro areas experienced expanding payrolls in September, metro areas only gained 800 jobs on net.

TAGS: BLS: Bureau of Labor Statistics, IDES: Illinois Department of Employment Security, jobs, unemployment

Illinois added 2,800 jobs in September, still lags nation

By Orphe Divounguy, Bryce Hill

10/19/2018

Since December 2017, the rest of the U.S. has expanded payrolls 80 percent faster than Illinois.

TAGS: BLS: Bureau of Labor Statistics, IDES: Illinois Department of Employment Security, jobs, unemployment

Illinois’ economy shed 5,200 jobs in August, the first drop in 2018

By Orphe Divounguy, Bryce Hill, Suman Chattopadhyay

09/23/2018

Illinois experienced net job losses in August, while the rest of the nation saw continued growth on average.

TAGS: BLS: Bureau of Labor Statistics, IDES: Illinois Department of Employment Security, jobs, unemployment

Manufacturer to shutter 2 Illinois plants, open $26M Indiana facility

By Vincent Caruso

09/19/2018

Accepting a deal that includes $6 million in subsidies, Wynright Corporation will expand its operations in Indiana and close plants in suburban Elk Grove and Oak Lawn.

TAGS: Indiana, Indiana Economic Development Corporation, jobs, manufacturing, outmigration, unemployment

One of Illinois’ top tax credit recipients to shutter 1,000-employee HQ

By Austin Berg

09/11/2018

Illinois issued more than $60 million in EDGE tax credits to Takeda Pharmaceuticals from 2003 to 2013, more than any other company received over that time.

TAGS: EDGE: Economic Development for a Growing Economy, jobs, tax credits, unemployment

Chicago-based MillerCoors shedding 350 jobs, despite $5.7M TIF subsidy

By Vincent Caruso

09/06/2018

MillerCoors opened its Chicago headquarters in 2010. Eight years and nearly $6 million in subsidies later, the beer giant has been hammered by a heavy round of layoffs.

TAGS: Chicago, jobs, property taxes, taxes, TIF: Tax Increment Financing, unemployment