Youthful wealth, energy and talent that could help Illinois recover is leaving the state at the nation’s second-highest rate. State leaders’ thirst for new taxes will make the problem worse.
The current and future workforce is shrinking in Illinois, but growing across the U.S. Making the Prairie State more attractive for families seeking to work and invest is key to fixing this problem.
A new ad campaign by the Badger State digs into millennials’ growing disillusion with the Land of Lincoln.
Illinois’ exodus of people and money is the state’s most pressing policy problem. Until lawmakers get serious about addressing its causes, there’s little reason to think the trend will change.
Illinois lost as many as 37,000 millennials on net every year from 2011 through 2014 for a total net loss of as many as 148,000 millennials.
Illinois loses more millennial taxpayers and dependents to other states than any state except New York.
Illinois lost 195,000 more college-bound students than it gained from 2000-2014.
Illinois lost more millennial college students than any other state except New Jersey between 2000 and 2014, and Illinois’ loss of young people appears to be accelerating.
Millennial out-migration from the Land of Lincoln is worse than all its neighboring states.
Illinois’ out-migration of younger workers should concern lawmakers and urge them to pass pro-growth reforms.