Six of the 13 Illinois metro areas still reported fewer jobs than prior to the pandemic. Six metros added jobs from December 2023 to January 2024, led by the Champaign-Urbana area.
Seven of 13 Illinois metro areas added jobs from November to December 2023, led by the St. Louis area. Five metros still reported fewer jobs than prior to the pandemic.
Nearly two-thirds of Illinois’ metro areas added jobs in November, led primarily by the Chicago-Naperville-Elgin metro adding 10,300 jobs since October. Four metros still have yet to reach pre-pandemic levels.
While most Illinois metropolitan areas saw job gains last month, unemployment rates remain higher than the U.S. rate in 11 of the state’s 13 metro areas.
Illinois is the second-most popular state to leave based on a survey of movers by United Van Lines. Illinois has also experienced nine straight years of population loss.
Illinois’ metro areas already face unemployment problems, with some of the nation’s worst rates. They could be hit harder by a recession than other places in the nation.
The Wall Street Journal, Crain’s Chicago Business, Chicago Tribune, Daily Herald and News-Gazette all said voters should say ‘no’ to Amendment 1. They see it as giving government unions power to force higher taxes and weaker laws.
Crain’s Chicago Business’ editorial board is endorsing a ‘no’ vote on Amendment 1. Two Crain’s columnists did so, also, because of the unchecked power it would grant government unions.
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...