Detroit

Illinois Jeep plant shutters indefinitely, shedding 1,200 jobs

By Dylan Sharkey
03/08/2023
For the first time in 57 years, Belvidere doesn’t have workers finishing their shifts at the local auto plant. Jeep manufacturer Stellantis idled the plant indefinitely. It is one of the five biggest auto assembly plants in the world. In a city of 25,000, it’s a vital part of the local economy. The state has...

Pension apocalypse? COVID-19 exposes long-running fragility of Illinois public pensions

By Adam Schuster
09/03/2020
Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...

Chicago area up 241K jobs, rest of Illinois down 41K jobs from before recession

By Austin Berg
01/21/2020
Illinois’ uneven recovery reflects national trends, but also raises important questions about the state’s economic future ahead of a key tax hike vote.

TAGS: BLS: Bureau of Labor Statistics, capital gains, Chicago, corporate income tax, economic competitiveness, economy, graduated income tax, Great Recession, ILGA: Illinois General Assembly, Illinois, investment, JB Pritzker, labor, minimum wage, outmigration, population, progressive income tax, real estate, recession, Springfield, tax hikes, tax increase

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Chicago Forward 2026: A pro-growth plan to end city budget deficits

Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.

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Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016