jobs

Illinois is losing prime working-age adults

By Michael Lucci
07/12/2016
BLS data show that Illinois had a net loss of 354,000 adults over the last decade from its prime working-age adult population (ages 25 to 54), with 290,000 of that loss attributable to migration rather than mortality. This is a troubling sign that indicates a weak economy – and the loss of adult taxpayers and their children.

TAGS: Indiana, jobs, outmigration, population

Regulatory excess can transform entrepreneurs into unwitting criminals

By Mark Adams
07/05/2016
Illinois entrepreneurs face myriad regulations that impede starting or running a business. Compliance with those regulations is costly; more importantly, it is almost impossible for entrepreneurs to know every regulation that affects their businesses. The uncertainty of not knowing the law creates a regulatory minefield and takes away opportunity for Illinoisans.

TAGS: jobs, regulations, small business

May jobs report: Illinois loses 2,500 payroll jobs, workforce shrinks by 9,100

By Michael Lucci
06/17/2016
Weak jobs numbers across the Midwest reflect the possibility of an oncoming economic slowdown. In fact, it would not be surprising to face a recession in the upcoming months, given that U.S. jobs growth has been weakening, and it has been seven years since the previous recession ended – a long period of expansion by historical norms.

TAGS: BLS: Bureau of Labor Statistics, IDES: Illinois Department of Employment Security, jobs, TABOR: Taxpayer Bill of Rights, unemployment