To combat above-average unemployment, Illinois state leaders discussed a possible back-to-work bonus. The state would pay cash to those who go off unemployment.
Illinois was among the nation’s worst for delays in helping gig workers and the self-employed receive pandemic assistance unemployment payments, a federal audit found. Rampant fraud and inadequate reporting was also discovered nationwide.
Job losses peaked in April 2020 amid COVID-19 and state-mandated shutdowns. In the year-long recovery since, Illinois’ has been among the nation’s slowest.
Illinois’ unemployment rate remains the highest in the Midwest despite March jobs growth. Unemployment is high across the state compared to the region.
More small businesses have closed in Illinois than in any other Midwestern state, except Michigan. Taxing them more as they struggle is the wrong move.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.