Illinois’ debt per student is the 11th highest of any state in the nation. It is almost 15 percent higher than the national average of $8,764.View Report
The factory will close its doors after more than 70 years of making lighting components.
The announcement comes on the heels of the manufacturing giant’s decision to invest in Wisconsin.
Alliance Steel Corp could bring 100 new jobs to Gary, Indiana.
Illinois’ manufacturing middle class continues to face somber news.
News outlets have reported that Foxconn will announce plans to build a production plant in Wisconsin that could employ up to 13,000 workers.
1,120 of the jobs lost were in manufacturing and food processing.
Although Illinois hosts corporate headquarters of many large companies, its economy lags in blue-collar job opportunities.
The plant will close its doors by July 17 and offer some employees relocation opportunities.
Illinois is home to the highest workers’ compensation costs in the region, and the weakest manufacturing recovery. New research details pain points and ways to fix the system while protecting worker safety.
Indiana’s sharp rise in union members is due to its robust economic growth and increase in manufacturing jobs, while Illinois’ economy continues to lose factories and sees little growth in union members.