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
Progressive income tax would essentially wipe out all 2019 employment gains in Illinois, and then some.
Despite Gov. J.B. Pritzker touting growth in “every major region,” Illinois shed jobs in three metropolitan areas and lagged the national average in seven more.
New Census data reveal that for the first time on record, all 10 metro areas based primarily in Illinois experienced population decline.
Eight of Illinois’ 10 Metropolitan Statistical Areas, or MSAs, saw their unemployment rates rise or remain stagnant compared to October 2012, according to today’s combined September-October metropolitan area unemployment report from the U.S. Bureau of Labor Statistics. The Decatur and Danville regions are still suffering the highest unemployment in the state, with 12.3 percent and...