Federal Reserve System

Illinois unemployment hits 2nd highest in U.S.

By Ravi Mishra, Jon Josko
09/20/2024
The Fed just cut interest rates over worries about the national jobs outlook, but in Illinois unemployment has been a persistent problem. Tax and state economic policy should get much of the blame.

TAGS: unemployment

Regulatory reform can make housing more affordable for Illinois families 


By Josh Bandoch, Joe Tabor
07/09/2024
Published July 9, 2024 America is facing a housing affordability crisis. According to a 2022 survey, 73% of Americans said the average person could not afford a home in their area, and 69% were worried about their children and grandchildren being able to afford a home. That’s unfair. Everyone deserves a good roof over their...

Illinois unemployment rate is worst in U.S.

By Justin Carlson
10/25/2022
Illinois added 14,900 jobs in September, but its unemployment rate was the highest in the nation. Inflation and growing recession fears could hit the state harder than most.