by Emily Dietrich Illinois’ unemployment rate rose to 10 percent, the Illinois Department of Employment Security reported today. For yet another month, more Illinoisans were added to the unemployment rolls. Specifically, 10,500 people lost their jobs last month or started looking for work after having given up. Yet, Illinois did experience some job creation. In September, 1,600...
by Emily Dietrich Today the Bureau of Labor Statistics reported that the majority of U.S. metropolitan areas decreased their unemployment rate from last year. Unfortunately for the largest metropolitan division in Illinois – Chicago-Joliet-Naperville – this was not the case. With unemployment spiking 0.7 percentage points from a year earlier, Chicago-Joliet-Naperville experienced the largest unemployment rate increase...
by Emily Dietrich President Obama convened a joint session of Congress Thursday night to unveil his latest jobs proposal. Almost immediately, lawmakers and political pundits levied harsh criticism. Leftists expressed fear that the President’s proposal isn’t “bold” enough. The purported $450 billion price tag doesn’t come near the $1 trillion in spending some have agitated...
In a trend that continues to worsen, more Illinoisans found themselves unemployed in the month of July. Illinois lost more jobs during the month of July than any other state in the nation, according to the most recent Bureau of Labor Statistics report. After losing 7,200 jobs in June, Illinois lost an additional 24,900 non-farm...
By Chris Andriesen
08/19/2011
In a trend that continues to worsen, more Illinoisans found themselves unemployed in the month of July. Illinois lost more jobs during the month of July than any other state in the nation, according to the most recent Bureau of Labor Statistics report. After losing 7,200 jobs in June, Illinois lost an additional 24,900 non-farm...
by Amanda Griffin-Johnson This morning, the Bureau of Labor Statistics released May unemployment figures showing Illinois’s seasonally adjusted unemployment rate is up .1 percent to 8.9 percent in May as compared to 8.8 percent in April. The Chicago metropolitan area experienced a .4 percent increase in the same time frame to 8.9 percent in May, up from 8.5...
By Collin Hitt
02/02/2011
The tax increases signed into law this month by Illinois Gov. Pat Quinn will cost most Illinois households $1,000 – equivalent to one or more weeks’ pay. How many families can afford to miss a paycheck? According to the U.S. Census Bureau, the average family living in the Midwest earns just under $60,000 annually and consists...
Cost of tax hike equivalent to average Illinois paycheck gone.
$500. $720. $1,000. These may seem like small sums compared to your total salary, but the amount a Quinn/Cullerton/Madigan tax hike will carve into your discretionary income is painfully revealing.
By Chris Andriesen
11/02/2010
by Dan Proft I do not think government functionaries should set private sector salaries or that U.S. policymakers should be adorned with the appellation properly reserved for Russian autocrats. But, if I did not believe in free markets and free minds, NBA Commissioner David Stern would be my choice for “Pay Czar.” Stern is in the...
