Gov. J.B. Pritzker recently signed an executive order to increase access to housing for middle-income families. While many of the proposed solutions still miss the mark, there are some important supply-side reforms that could mark a positive shift for Illinois.
Illinois continues to maintain a sluggish job market and high unemployment. The December unemployment rate was third highest in the nation, where it has remained for months.
Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...
Published Jan. 23, 2025 Chicago’s 2020 Additional Dwelling Unit Ordinance, while well-intentioned, has stifled development. Despite 71% of Chicagoans being in favor of putting additional dwelling units on existing residential lots – higher than the national average – restrictive and inequitable regulations have ensured very few are built.1 Only 44% of pre-approved applications have received...
A massive influx of 112,955 international migrants boosted Illinois population in 2024, new Census Bureau data shows. Buses from Texas likely grew Illinois’ population.
Illinois saw the third-highest rate of residents moving out in 2024 based on a survey by Atlas Van Lines. Jobs and taxes are among the top reasons people leave Illinois, which is also third in the nation for highest unemployment rate.
October job numbers for Illinois remained disappointing, with an unemployment rate that was third highest in the nation. There are 346,000 Illinoisans who need a job.
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...