If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
The Land of Lincoln is experiencing weak employment growth and a workforce dropout problem.
Illinois’ tepid jobs growth has come disproportionately in the Chicago area.
Illinois lost 10,800 jobs on net over the month, and the state continues to experience labor force dropout.
Newly released Illinois jobs report points to anemic jobs growth and a contracting labor force.
Illinois continues to shed jobs and underperform economically compared to its Midwestern neighbors, according to new federal and state reports.
Newly released data from the Bureau of Labor Statistics shows weak jobs gains and a shrinking U.S. workforce in September.
Despite being the most populous state in the Midwest, Illinois has added just 13,400 payroll jobs in 2015 – fewer than any other neighboring state.
The Bureau of Labor Statistics announced that the national unemployment rate rose in October to 7.3 percent from 7.2 percent one month earlier. There are 11.3 million Americans currently unemployed. The U-6 unemployment rate, which includes all workers who are unemployed or underemployed, rose to 13.8 percent, up from last month’s 13.6 percent. In total,...