Fed: Illinois unemployment rate 2nd-highest in nation

By Justin Carlson

12/23/2022

Analysis from the Federal Reserve Bank of Philadelphia indicates Illinois lost jobs during Q2 rather than gaining, as previously reported. It may still be losing jobs. Illinois ranked No. 2 for highest unemployment in November.

TAGS: IDES: Illinois Department of Employment Security, jobs, unemployment

Portillo’s expanding in states with better economies than Illinois

By Dylan Sharkey

08/29/2022

Portillo’s CEO Michael Osanloo said the Illinois-based chain is looking to expand in states more friendly to businesses.

TAGS: economy, jobs

Only 1 Illinois metro area has recovered COVID-19 job losses

By Bryce Hill

08/26/2022

Illinois’ lagging pandemic recovery continued across its cities in July. Only 1 metropolitan area has recovered from the pandemic.

TAGS: employment, jobs, unemployment

Illinois unemployment rate is third-highest in the nation, highest in Midwest

By Bryce Hill

08/19/2022

Illinois stands as one of the states with the most to gain – and lose – as the national economy continues to surpass job growth expectations.

TAGS: economic recovery, jobs

10 Illinois metro areas gain jobs, only 1 recovers from pandemic

By Bryce Hill

08/02/2022

Only Bloomington has recouped early 2020 job losses, which is bad news for Illinois’ lagging economy as recession fears increase.

TAGS: Bloomington, COVID-19, economic recovery, jobs, unemployment

Illinois still missing 1 in 7 jobs lost during pandemic

By Bryce Hill

08/01/2022

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.

TAGS: coronavirus, COVID-19, economic recovery, employment, job creation, jobs

Illinois sees nation’s largest drop in job openings as recession fears grow

By Bryce Hill

07/29/2022

Illinois’ job opening rate declined 1.5 percentage points in May. That’s not a good way to enter a potential recession.

TAGS: Illinois, jobs, recession, unemployment

Illinois adds 18,800 jobs in June, still missing 117,000 from pandemic

By Bryce Hill

07/22/2022

Illinois’ employment recovery continued in June, but the state is still missing one in seven jobs lost during the pandemic.

TAGS: economic recovery, Illinois, jobs, unemployment

US jobs report beats June estimate, but Illinois at greater risk if recession hits

By Bryce Hill

07/14/2022

Illinois is one of the states with the most to gain from the continued national jobs recovery, but could be hit harder than other states by a recession.

TAGS: Illinois, jobs, recession, unemployment

Illinois adds jobs in May, but in just over half of metro areas

By Bryce Hill

07/10/2022

Despite a full year of job gains, all Illinois metropolitan areas are missing jobs since the pandemic began and the recovery stalled. While May brought job gains statewide, only eight metro areas saw gains while seven saw losses.

TAGS: BLS: Bureau of Labor Statistics, Illinois, jobs, metro areas, unemployment

Fixing Illinois pension crisis by amending nation’s most-restrictive pension law is legal, effective

Illinois is home to one of the worst pension crises in the country.1 At 39% funded, according to the nonpartisan Pew Charitable Trusts, Illinois has the worst pension funding ratio of any state.2 By contrast, neighboring Wisconsin’s pension system is 103% funded.3 In fiscal year 2022, Illinois’ total general funds pension costs, including pension bond...

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Fixing Illinois pension crisis by amending nation’s most-restrictive pension law is legal, effective

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Cathy Stuehmeier

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students