Moline, Ill.-based agricultural equipment maker will cut more than 100 jobs by September; Illinois’ manufacturing workers continue to struggle for job opportunities enjoyed by their counterparts in the region.
Property-tax hikes have caused taxes on NBA star Dwyane Wade’s former house to more than triple, driving away prospective buyers and showing the harm Illinois’ sky-high property-tax rates inflict on homeowners.
BLS data show that Illinois had a net loss of 354,000 adults over the last decade from its prime working-age adult population (ages 25 to 54), with 290,000 of that loss attributable to migration rather than mortality. This is a troubling sign that indicates a weak economy – and the loss of adult taxpayers and their children.
Illinois’ June WARN report shows 600 mass layoffs for the state in June, with 44 jobs lost in manufacturing, an improvement over May’s 1,300 layoffs and 500 manufacturing job losses.
Madigan’s stated concern for the middle class rings hollow given that his own plan to boost the state’s fiscal health consists solely of income-tax increases, which would directly reduce the wages and standard of living for Illinoisans.
A new Illinois Policy Institute analysis finds that adults with no spouse and living with children are most likely to live below the poverty line. Education matters just as much.