Illinois

May jobs report: Illinois loses 2,500 payroll jobs, workforce shrinks by 9,100

By Michael Lucci
06/17/2016
Weak jobs numbers across the Midwest reflect the possibility of an oncoming economic slowdown. In fact, it would not be surprising to face a recession in the upcoming months, given that U.S. jobs growth has been weakening, and it has been seven years since the previous recession ended – a long period of expansion by historical norms.

TAGS: BLS: Bureau of Labor Statistics, IDES: Illinois Department of Employment Security, jobs, TABOR: Taxpayer Bill of Rights, unemployment

Speaker Madigan puts politics over people

By Ted Dabrowski
06/15/2016
Madigan’s record $40 billion spending proposal and its $7 billion deficit revealed he was never serious about reaching a budget deal with Rauner. Instead it was nothing more than an attempt to create a deeper fiscal crisis, force additional tax hikes and create a bailout for the city of Chicago. As long as Madigan and other lawmakers keep prioritizing politics over people, Illinois will continue its downward spiral.

TAGS: budget, Mike Madigan