With one proposal to pay off Illinois’ pension debt asking the typical homeowner to pay more than $1,900 in additional property taxes for the next 30 years, the stakes for pension reform have never been clearer.View Report
When people can’t find good job opportunities in Illinois, they are too often forced to leave. And to take their place, too few have enough confidence in the state to move in from elsewhere and build a future.
In a shrinking state, half of Illinois’ largest cities have shed population since 2010.
The state also saw a drop in the unemployment rate over the month, fueled by employment gains and labor force decline.
Though some of Illinois’ larger municipalities such as Chicago and Evanston have been overly restrictive in regulating food trucks, the Carbondale City Council has debated loosening them for its city, soliciting mixed opinions.
A new report would have Illinoisans believe that a progressive income tax means tax cuts and economic growth. Illinois lawmakers’ tax-and-spend tendencies and evidence from all 50 states say otherwise.
Seven metro areas across the state lost jobs over the month.
The state also saw a drop in the unemployment rate, but it wasn’t because people found jobs.
Revisions from the Bureau of Labor Statistics flipped Decatur’s jobs growth from negative to positive over the year, though the growth was meager.
While Illinois outperformed the nation in terms of monthly employment growth for the first time since September 2017, Illinois payrolls have only increased half as fast as the rest of the nation in the past year.
Combined jobs growth was slightly positive across Illinois’ metro areas in January. But only four metro areas have recovered the jobs they lost during the Great Recession.