Politicians use a loophole to bypass the Illinois Constitution’s requirement that bills be read on three separate days before they are passed. Instead, they often gut minor bills and put significant legislation in the bills within a day of the vote.
Illinois is still missing 77,000 jobs from its restaurants, bars, hotels and other leisure industries since COVID-19 shutdowns. That Illinois jobs sector has recovered only 72% of what it lost in the pandemic – one of the nation’s worst recoveries.
One-third of Illinois’ missing jobs are from the leisure and hospitality industry, but that sector’s COVID-19 pandemic recovery lags virtually every other state in the U.S.
In the wake of the COVID-19 pandemic, Illinois’ economic recovery in 2021 lagged other states. A lack of in-person schooling, fewer economic opportunities and high taxes only exacerbated the ongoing population loss.
The nation recovered 85% of the jobs lost to the COVID-19 downturn, but only one metro area in Illinois beat the U.S. average. The Chicago area only recovered 64% of its jobs. Bloomington was one of just 11 U.S. areas to lose jobs last year.
Published Jan. 27, 2022 Illinois’ economy was shaken by the COVID-19 pandemic, but 2021 was supposed to be a year of recovery. Unfortunately, the policy climate continues to be the state’s biggest liability despite high vaccination rates, great natural endowments, a talented workforce, a large financial sector and a growing tech industry. While Illinois boasts...
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.