The state’s housing inventory is at just 31% of pre-pandemic levels, driving up prices. Restrictive zoning and the nation’s highest property taxes must be addressed.
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...
New data shows nine of 15 Illinois metropolitan areas added jobs in December as the state gained 8,800 jobs. Ten metro areas reported higher unemployment than the national average.
New data shows only six of 15 Illinois metropolitan areas added jobs in October as the state shed 2,400 jobs. Twelve metro areas reported higher unemployment than the national average.
Illinois’ job market outpaced the national average during August. But 13 of Illinois’ 15 metropolitan areas continued to have higher unemployment rates than the national average.
Despite some growth, high unemployment remains a persistent issue in Illinois with 13 of 15 metropolitan areas showing higher rates of unemployment than the national average.
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.
Despite statewide job gains in June, eight of Illinois’ metro areas lost jobs for the month. Most areas still haven’t recovered to pre-pandemic job levels.
Illinois is on pace for four new casinos in 2023, but the state’s tax payout from video gambling in local bars and restaurants remains a much bigger win.
Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...