Illinois lost 12,000 jobs in September and is home to the highest unemployment rate in the Midwest. Gov. J.B. Pritzker’s “fair tax” proposal would worsen the state’s jobs climate even more.
While May’s jobs report showed what could be the beginning of a bounce back in total employment for the state, growth was concentrated primarily among white workers. Black and Hispanic workers were left behind.
New data show Illinois lost private sector jobs amid a national economic expansion for the first year on record in 2019, a sign of the state’s deep structural problems in the run-up to the current market downturn.
Illinois Gov. J.B. Pritzker previously floated a pension plan that included pawning-off state assets, taking on more high-interest debt and reducing pension funding before walking back the plan amid criticism. Here’s a real solution.