Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
Business sectors directly affected by the coronavirus and mitigation employ 1.5 million Illinoisans. The longer the shutdown, the more industries and jobs face cuts.
A quarter of Illinois’ workers are staring down the economic impacts of a global pandemic.
New data show Illinois lost private sector jobs amid a national economic expansion for the first year on record in 2019, a sign of the state’s deep structural problems in the run-up to the current market downturn.
Progressive income tax would essentially wipe out all 2019 employment gains in Illinois, and then some.
Amazon bought the old commercial property, but Bolingbrook’s mayor opposes putting 1,500 jobs on it. Illinois’ job growth was below the national average in 2019.
Illinois job creation lagged the national median in nearly every sector.
Just Cook County food stamp recipients were facing work requirements Jan. 1 if they were under age 50, able-bodied and had no dependents. Now the rules will apply throughout Illinois starting April 1.
Illinois Gov. J.B. Pritzker is pushing a progressive state income tax without delivering the numbers to prove his promises. The numbers available from other states make it clear a progressive tax will hurt Illinois’ economy.
More than three-quarters Illinois communities lost population over the year, and nearly all of the state’s major metro areas are lagging the nation on key economic indicators.
The state also saw a drop in the unemployment rate over the month, fueled by employment gains and labor force decline.