Illinois’ total state economic activity has increased by only 4 percent since 2007, which is lower than the U.S.’ 10 percent GDP growth during the worst decade of the Great Depression.
While major headlines broke over news that Chicago was the only one of America’s largest 20 cities to shrink from July 2015 to July 2016, most of Illinois’ other cities with 50,000 people or more also lost population.
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.
Illinois still has 144,000 fewer people working compared with the state’s pre-recession employment level, while surrounding states have all experienced employment growth.