The Illinois Department of Employment Security’s newly released jobs report shows Illinois’ 1,700 jobs gained in November were concentrated in white-collar service sectors, and that blue-collar fields, such as manufacturing, lost jobs.
Chicago and Illinois have plenty of their own problems on the manufacturing front, with issues such as high property taxes and workers’ compensation costs driving production facilities to other states. But U.S. trade policy regarding sugar isn’t helping matters. For each one sugar growing and harvesting job saved through high U.S. sugar tariffs, nearly three confectionery manufacturing jobs are lost, according to the International Trade Administration.
Metropolitan jobs data show that from September 2015 – September 2016 the greater Chicago area is up approximately 49,000 jobs, while the rest of the state is down 6,000 jobs.
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.