Reversing the state’s outmigration of residents and encouraging the job creation Illinoisans need to thrive – and the state needs for stable revenues – require lawmakers to rein in government overspending and resist calls for tax hikes that would further depress Illinois’ economic growth.View Report
Illinois’ fastest-growing jobs sector in 2018 was government – another sign the state needs pro-growth reforms to keep up with the rest of the country.
Food stamp participation has seen an encouraging decrease, but lagging economic growth leaves Illinois ranked highest among neighboring states in SNAP enrollment.
Jobs growth in Illinois has gone from middle of the pack to back of the line.
While a majority of Illinois’ metro areas experienced expanding payrolls in September, metro areas only gained 800 jobs on net.
Since December 2017, the rest of the U.S. has expanded payrolls 80 percent faster than Illinois.
Illinois experienced net job losses in August, while the rest of the nation saw continued growth on average.
Accepting a deal that includes $6 million in subsidies, Wynright Corporation will expand its operations in Indiana and close plants in suburban Elk Grove and Oak Lawn.
Illinois issued more than $60 million in EDGE tax credits to Takeda Pharmaceuticals from 2003 to 2013, more than any other company received over that time.
MillerCoors opened its Chicago headquarters in 2010. Eight years and nearly $6 million in subsidies later, the beer giant has been hammered by a heavy round of layoffs.
Illinois experienced its sixth consecutive month of jobs growth in July, yet continues to trail the pace of growth in the rest of the nation for 2018.