Illinoisans 51% more likely to be laid off, 21% less likely to be hired than U.S. average

By Bryce Hill

09/17/2020

While Illinois claws back jobs from the COVID-19 associated downturn, in-depth analysis shows why the state is struggling more than most other states’ economies.

TAGS: coronavirus, COVID-19, jobs, recession, unemployment

Illinois’ mortgage delinquency rate highest in Midwest amid largest spike in state’s history

By Orphe Divounguy, Bryce Hill

09/03/2020

Delinquent mortgages nearly doubled to 124,000 amid COVID-19’s soaring unemployment, and inaction by state and local governments.

TAGS: coronavirus, COVID-19, mortgage, recession

Illinois unemployment benefits stolen as state fails to implement basic security

By Joe Barnas

08/21/2020

The Illinois Department of Employment Security troubles included scores of unemployed unable to get benefits, nearly 32,500 Social Security numbers exposed and now benefits theft. A simple fix used by many online retailers could have prevented the thefts.

TAGS: coronavirus, COVID-19, IDES: Illinois Department of Employment Security, JB Pritzker, recession

Pritzker could have saved nearly 32,000 jobs during COVID-19 downturn

By Bryce Hill

08/13/2020

Illinois is the largest state without a short-time compensation plan, increasing the chances nearly 32,000 job losses will be permanent.

TAGS: coronavirus, COVID-19, IDES: Illinois Department of Employment Security, recession

Illinois’ economy likely shrank by $86 billion during Q2, national data suggests

By Bryce Hill

08/06/2020

Data published last week by the Bureau of Economic Analysis revealed that U.S. gross domestic product shrank at an annualized rate of -32.9% during the second quarter.

TAGS: COVID-19, executive order, IDES: Illinois Department of Employment Security, JB Pritzker, jobs, recession

Illinois’ COVID-19 jobs rebound is among nation’s weakest

By Bryce Hill

08/01/2020

Most other states have recouped more of their February-April job losses from the pandemic shutdowns than Illinois.

TAGS: COVID-19, executive order, IDES: Illinois Department of Employment Security, JB Pritzker, recession

Illinois has worst youth employment in Midwest, biggest drop amid COVID-19 pandemic

By Orphe Divounguy, Bryce Hill, Ben Szalinski

07/09/2020

With small businesses and seasonal attractions closed, most of Illinois’ youth find themselves spending a summer without a job. COVID-19 isn’t the only reason, however.

TAGS: coronavirus, COVID-19, recession, unemployment

Illinois tops neighboring states with $10 minimum wage on July 1

By Ben Szalinski

06/29/2020

Illinois’ second minimum wage increase this year is part of a plan to hit $15 an hour in 2025. Small businesses face tough decisions on cutting staff or raising prices.

TAGS: coronavirus, COVID-19, minimum wage, recession

COVID-19 economic hit forces Peoria to cut 45 city jobs, offer buyouts

By Ben Szalinski

06/24/2020

Peoria’s financial problems grew critical from the coronavirus, but the long-term threat of pension debt will remain even after more severe cuts are made.

TAGS: coronavirus, COVID-19, Peoria, recession

Illinois’ new initial unemployment claims remain high

By Orphe Divounguy, Jon Josko

06/11/2020

New jobless claims remain several times higher than last year as state begins to test re-opening.

TAGS: coronavirus, COVID-19, economy, jobs, recession, unemployment

Pension apocalypse? COVID-19 exposes long-running fragility of Illinois public pensions

Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...

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Pension apocalypse? COVID-19 exposes long-running fragility of Illinois public pensions

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Joanne Troesch

Policy lessons from Illinois’ exodus of people and money

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students