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...

A smaller and smaller percentage of adults are working to support the entire state population. Why does this matter? Because a booming economy provides the benefits of opportunity and upward mobility. But not only that. Growing the number of taxpayers is essential for funding core government services and pension bills. The only other tools legislators...

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...

In a repeat of last month’s disappointing employment news, eight of Illinois’ 10 Metropolitan Statistical Areas, or MSAs, saw their unemployment rates rise compared to November 2012, according to November’s metropolitan area unemployment report from the U.S. Bureau of Labor Statistics. The Decatur and Danville regions are still suffering the highest unemployment in the state,...

Earlier this week in a televised White House address President Barack Obama said, “I can’t name a time where I met an American who would rather have an unemployment check than the pride of having a job.” But Obama’s statement is contrary to recent statistics released by the U.S. Department of Labor, which show many...

The national unemployment rate declined to 6.7 percent in December, down from 7 percent a month earlier, according to the latest report from the U.S. Bureau of Labor Statistics. Payroll jobs increased a paltry 74,000, below consensus estimates of 200,000. November payroll gains were revised up from 203,000 to 241,000. Despite the huge miss in...

Illinois’ unemployment rate fell to 8.7 percent in November from 8.9 percent a month prior, according to the U.S. Bureau of Labor Statistics. Illinois still has the fourth-highest unemployment rate in the nation, behind only Nevada, Rhode Island and Michigan. The state gained 9,400 payroll jobs over the month, while the number of unemployed Illinoisans...