Over the recession era, Indiana’s workforce grew by 53,000 people while Illinois’ workforce shrank by 200,000 people. If Illinois’ workforce size were benchmarked to Indiana’s over the recession era, Illinois’ unemployment rate would be 10.3 percent today.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...