Some parts of Illinois’ job markets are recovering, but not for Black Illinoisans. Many jobs are still missing from before COVID-19, including over one-third of the leisure and hospitality jobs.
To combat above-average unemployment, Illinois state leaders discussed a possible back-to-work bonus. The state would pay cash to those who go off unemployment.
The hospitality industry’s heavy losses during COVID-19 are still being felt, with one McDonald’s offering iPhones to lure recruits. Half the states trimmed unemployment to get workers back, but Pritzker’s message to struggling businesses is they should pay $1.5 billion in new taxes.
Job losses peaked in April 2020 amid COVID-19 and state-mandated shutdowns. In the year-long recovery since, Illinois’ has been among the nation’s slowest.
While total payrolls were up 300, private sector jobs took a beating in April and lost 4,000 positions. Illinois’ labor market completely stalled as the national economic recovery slowed.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.