Illinois among worst-prepared in nation to weather next recession

By Justin Carlson

01/02/2023

Illinois lawmakers and Gov. J.B. Pritzker reached a deal to pay off $1.8 billion borrowed from the federal government for unemployment benefits during the COVID-19 pandemic. It’s a positive step, but the state remains ill-prepared for the next economic shock.

TAGS: Illinois, unemployment

Fed: Illinois unemployment rate 2nd-highest in nation

By Justin Carlson

12/23/2022

Analysis from the Federal Reserve Bank of Philadelphia indicates Illinois lost jobs during Q2 rather than gaining, as previously reported. It may still be losing jobs. Illinois ranked No. 2 for highest unemployment in November.

TAGS: IDES: Illinois Department of Employment Security, jobs, unemployment

Illinois unemployment highest in U.S. for 2nd month

By Justin Carlson

11/28/2022

Illinois only added 3,600 jobs in October, a drastic drop in job growth coming amid persistent inflation and rising recession fears. Unemployment led the nation.

TAGS: Illinois, unemployment

Fact check: Unemployment under Pritzker worse than Midwest, U.S.

By Dylan Sharkey

09/16/2022

Gov. J.B. Pritzker is claiming his administration has fought for Illinois families. Since Pritzker took office, Illinois’ unemployment rate is worse compared to other states.

TAGS: JB Pritzker, unemployment

Only 1 Illinois metro area has recovered COVID-19 job losses

By Bryce Hill

08/26/2022

Illinois’ lagging pandemic recovery continued across its cities in July. Only 1 metropolitan area has recovered from the pandemic.

TAGS: employment, jobs, unemployment

10 Illinois metro areas gain jobs, only 1 recovers from pandemic

By Bryce Hill

08/02/2022

Only Bloomington has recouped early 2020 job losses, which is bad news for Illinois’ lagging economy as recession fears increase.

TAGS: Bloomington, COVID-19, economic recovery, jobs, unemployment

Illinois sees nation’s largest drop in job openings as recession fears grow

By Bryce Hill

07/29/2022

Illinois’ job opening rate declined 1.5 percentage points in May. That’s not a good way to enter a potential recession.

TAGS: Illinois, jobs, recession, unemployment

Illinois adds 18,800 jobs in June, still missing 117,000 from pandemic

By Bryce Hill

07/22/2022

Illinois’ employment recovery continued in June, but the state is still missing one in seven jobs lost during the pandemic.

TAGS: economic recovery, Illinois, jobs, unemployment

US jobs report beats June estimate, but Illinois at greater risk if recession hits

By Bryce Hill

07/14/2022

Illinois is one of the states with the most to gain from the continued national jobs recovery, but could be hit harder than other states by a recession.

TAGS: Illinois, jobs, recession, unemployment

Illinois adds jobs in May, but in just over half of metro areas

By Bryce Hill

07/10/2022

Despite a full year of job gains, all Illinois metropolitan areas are missing jobs since the pandemic began and the recovery stalled. While May brought job gains statewide, only eight metro areas saw gains while seven saw losses.

TAGS: BLS: Bureau of Labor Statistics, Illinois, jobs, metro areas, unemployment