Nearly 100,000 Chicago-area residents are out of work, and at 6.2% the Chicago metro area has the highest unemployment rate of the nation’s 50 largest metro areas. Illinois as a whole isn’t doing much better, with a 6.1% unemployment rate.
Illinoisans faced 1,026 mass layoffs in June 2024, with manufacturing and transportation sectors hit hardest. John Deere in East Moline accounted for about 1-in-4 of the layoffs announced statewide.
The jobs are there. The people to fill them are there. The only thing standing in the way is Illinois’ overreaching state regulations and job licensing.
Black workers in Illinois face a tougher job market compared to other big states. Illinois has the highest unemployment rate for Black workers among the 10 biggest states.
Illinois grew jobs in eight of its 13 metropolitan areas during April, but the Chicago area’s sluggish growth and a stubbornly high unemployment rate tempered any gains.
Black workers in Illinois face a tougher job market than peers nationally. Hispanic men, Asians face lower unemployment rates relative to peers in other states.
America is facing a housing affordability crisis. According to a 2022 survey, 73% of Americans said the average person could not afford a home in their area, and 69% were worried about their children and grandchildren being able to afford a home. That’s unfair. Everyone deserves a good roof over their heads. Housing affordability problems...