Iowa

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

Against Illinois’ tax breaks for Amazon? Fix the state’s broken workers’ compensation system

By Michael Lucci
06/03/2016
There’s a reason new facilities aren’t being built in Illinois: In too many cases a business investment in Illinois doesn’t make financial sense unless Illinois taxpayers are paying for a chunk of the project. This system isn’t good for businesses, or for workers and unions that are losing jobs. Until Illinois makes the broad tax and regulatory reforms needed to compete for blue-collar jobs, businesses are going to keep expanding elsewhere or asking for tax breaks to come here.

TAGS: jobs, manufacturing, tax credits, workers compensation