While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
Accepting a deal that includes $6 million in subsidies, Wynright Corporation will expand its operations in Indiana and close plants in suburban Elk Grove and Oak Lawn.
Illinois experienced its sixth consecutive month of jobs growth in July, yet continues to trail the pace of growth in the rest of the nation for 2018.
The $1.6 billion assembly plant will create an estimated 4,000 jobs for Alabama residents by 2021.
Exorbitant workers’ comp costs punish small businesses and send employers dashing to Illinois’ neighboring states.
Two sides, one city.
A positive jobs report for October does little to buck discouraging long-term trends in Illinois.
Illinois will need more foreign investment, and major reforms to the state’s business climate, in order to get off the weak economic path it now treads.
The state’s August jobs numbers were poor across the board, but especially sobering for manufacturing.
Alderman Ed Burke argued in favor of a ban on driverless cars with a movie clip from “Back to the Future.”
The factory will close its doors after more than 70 years of making lighting components.