Illinois’ loss of 27,600 payroll jobs in January was second-worst nationally, according to today’s release from the U.S. Bureau of Labor Statistics. Only California, which shed 31,500 payroll positions, fared worse. Texas and Ohio led the nation in adding payroll jobs.   Illinois is one of six states with an unemployment rate significantly above the...

Indiana cut taxes again last week. And it gained another Illinois business. On Thursday, Indiana cut business taxes, including a reduction in the corporate rate. That came on the heels of AM Manufacturing Co.’s announcement that it will move from Illinois to Indiana. AM Manufacturing Co. is a family-owned machine manufacturer. AM Manufacturing will move...

Illinois has the highest jobless rate in the Midwest, and the third-highest in the nation. But not only that. Illinois’ jobless rate has gone up more in the last five years than any other state in the nation.   Despite this dismal record, cheerleaders for the state government cite various studies to support a claim...

More bad news is coming on the heels of the Bureau of Labor Statistics report that Illinois dropped 27,600 payroll jobs in the month of January alone. More than 1,000 workers will be laid off in comings weeks and months, according to advance notices filed by businesses to regulators. Businesses such as Accretive Health and...

Illinois policies continue to smother the job prospects for people in the state. Yesterday, the Illinois Department of Employment Security, or IDES, reported that the state lost jobs for the second month in a row. Illinois lost 27,600 payroll jobs in January, compared to 129,000 jobs gained nationally. The Illinois unemployment rate for January is...

Illinois started the New Year in the wrong direction, with businesses reporting a loss of 27,600 payroll jobs in January. The January loss makes two consecutive months of job losses. The unemployment rate declined from 8.9 percent to 8.7 percent. The number of payroll jobs today is the same as it was in November of...

Gov. Pat Quinn noted in his State of the State address that “economic growth always starts with more jobs,” and that “we’ve seen progress on this front.” But it’s unclear who is experiencing progress in Illinois. Unemployment rates for youths are at crisis levels and rising, while minority rates are barely better. The Illinois Department...

Illinois continues to shed jobs. The state lost 3,200 nonfarm payroll jobs in December. Now, Illinois is poised to lose an additional 546 jobs from five companies in the next few months, according to the state’s January Worker Adjustment and Retraining Notification, or WARN report. Chicago-based Specialty Foods Group Inc., a meat wholesaler that makes...

Nonfarm payrolls increased by only 113,000 in January, compared with an average of 194,000 per month in 2013 and The Wall Street consensus expectations of 180,000, according to the report from the U.S. Bureau of Labor Statistics. December’s disappointing payroll number was revised up only to 75,000 from 74,000, leaving the U.S. with consecutive ugly...

The office of Governor Pat Quinn is claiming victory off a study released Thursday by CareerBuilder and Economic Modeling Specialists International. The study shows that Illinois ranked third-highest nationally in the creation of net new business establishments from 2009-2012. An establishment is defined as a single location that produces some form of economic activity, and...