jobs

U.S. recovery jumps forward, Illinois falls back

By Michael Lucci
10/03/2014
The U.S. hit a major milestone in September. According to the Bureau of Labor Statistics household survey, the number of Americans working has finally surpassed pre-recession levels. In addition, the national jobless rate fell to 5.9 percent to 6.1 percent. The number of Illinoisans working, however, is far from recovery. There are now 220,000 more...

TAGS: jobs, unemployment

Jobs vs. food stamps: Illinois last in the Midwest

By Michael Lucci
09/29/2014
Since the Great Recession ended, Illinois’ food-stamp enrollment has outpaced job creation by a ratio of nearly 2-to-1. The jobs versus food stamps comparison is a strong indicator of economic hardship. And compared to the rest of the Midwest, Illinoisans are truly feeling the pain. Since the Great Recession ended, Illinois is the only state...

TAGS: employment, jobs, unemployment

America’s digital divide: Startups fly, storefronts struggle

By Michael Lucci
09/26/2014
This article was written by Satta Sarmah and featured in Fast Company on September 26, 2014.  When 30-year-old Chicago native Sheyla Jarocz talks about how a brick and mortar storefront survives in the city’s North Center neighborhood, it sounds like a lonely mission. “I’ve tried to do promotions with nearby businesses,” said Jarocz, who opened Maash Boutique two years...

TAGS: Chicago, jobs

Federal numbers show Illinois remains last in post-recession recovery

By Michael Lucci
09/19/2014
A day after the Illinois Department of Employment Security reported that Illinois’ workforce shrank by 19,000 people in August, driving Illinois’ labor-force participation rate to a new 35-year low, new data from the Bureau of Labor Statistics confirms the severity of the state’s labor-force dropout crisis. The labor-force participation rate measures the share of Illinois’...

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

The disappearance of Illinois’ manufacturing jobs

By Michael Lucci
09/15/2014
Illinois’ manufacturing sector has been hemorrhaging jobs for decades, and policy has a lot to do with it. Since 2004, Illinois has lost 125,000 manufacturing jobs. Most of these losses resulted from the Great Recession – a colossal 117,000 manufacturing jobs were shed from January 2008-January 2010 – but precious few have returned. In the...

TAGS: jobs

Illinois employers forecast 1,300 layoffs

By Austin Berg
09/09/2014
More than 1,300 Illinoisans will be laid off in coming months, according to notices filed in accordance with the Workers Adjustment and Retraining Notification Act, or WARN. Among the cuts listed in the August WARN report are 418 jobs lost in conjunction with Hostess Brands’ shuttering of its Twinkie factory in Schiller Park – the...

TAGS: jobs, unemployment

Minority employment tanks under Quinn

By Michael Lucci
09/08/2014
Minorities have suffered disproportionately under the failed economic policies of Gov. Pat Quinn. From its pre-recession peak through 2013, the black employment rate has plummeted by 7.1 percentage points, more than any other racial group in Illinois. Fewer than half of black adults are employed in Illinois. And the black male employment rate has been...

TAGS: jobs, unemployment

A legislative agenda for entrepreneurs

By Michael Lucci
09/08/2014
Illinois has become infamous for encouraging cronyism and discouraging entrepreneurship, but there are a number of steps state lawmakers could take to end this cycle and encourage growth. Without serious changes, Illinois will continue on a cycle of job loss and economic decline. According to the Kauffman Foundation, Illinois ranks near the bottom for entrepreneurial...

TAGS: Chicago, jobs

U.S. recovers, Illinois lags

By Michael Lucci
09/05/2014
U.S. nonfarm payrolls added 142,000 jobs in August, against consensus expectations of 230,000, according to the Bureau of Labor Statistics. August marked the worst month of job creation in 2014. Average monthly job creation so far this year is 215,000. The national unemployment rate ticked down to 6.1 percent, because only 16,000 unemployed Americans found...

TAGS: jobs

Illinois’ median wage has collapsed by $12,000 since 1999

By Michael Lucci
09/02/2014
Illinois has long been known as a high-income state, but that‘s changed for many families in the middle. After decades of policy mistakes, the backbone of the state – Illinois’ middle class – has been hollowed out. Throughout Illinois’ history, innovation and high employment led to high incomes, making the Land of Lincoln a wealthy...

TAGS: jobs, median wage