Iowa

Illinois unemployment rate remains stagnant while neighboring states see improvement

By Ted Dabrowski, John Klingner
11/21/2012
Illinois’ unemployment rate remained at a stagnant 8.8 percent in October, unchanged since September and still far above the national unemployment rate of 7.9 percent. Adding only a paltry 4,800 jobs last month, the state has been stuck in neutral, at best. Illinois’ neighbors, on the other hand, are watching their unemployment rates drop. They’re...

Illinoisans foot $2.3 million cable bill for state inmates

By Benjamin VanMetre
11/21/2012
When families in Illinois need to tighten their belts, cable TV is often one of the first expenses to go. A state nearing bankruptcy should do the same. The Illinois Department of Corrections (IDOC) racked up a cable bill of $2,261,009 between July 2010 and June 2012. Popular channels included in this bill were MTV,...

Even before record 67 percent tax hike, Illinois has 11th-highest tax burden nationwide

By Ted Dabrowski, John Klingner
10/23/2012
The Tax Foundation has reaffirmed Illinois’ status as a high-tax state in its newly released 2012 Annual State-Local Tax Burden Ranking. Based on the Census Bureau’s 2010 data, the report found that Illinois’ overall tax burden per resident is the 11th highest in the nation. Some highlights from the report include: At 10.2 percent, Illinois has...

The cost of Quinn

By Ted Dabrowski
10/19/2012
Gov. Quinn is not getting great press these days. The Cato Institute recently ranked him the worst governor in the nation. His approval rating stands at just 26 percent. And while Gov. Quinn may choose to ignore those messages, he may want to heed the warnings the financial markets continue to fire his way. Credit agencies have...

Unemployment increases, but underemployment is even higher

By Ted Dabrowski, John Klingner
10/02/2012
The nation’s unemployment rate increased to 7.9 percent in October from 7.8 percent in September, according to the Bureau of Labor Statistics. If that number is a reflection of the country’s anemic recovery, consider the implications of Illinois’ 8.8 percent unemployment rate in September. There are more than 580,000 Illinoisans formally out of work. And these...

Where Are the Jobs? Not in Illinois

By Chris Andriesen
08/23/2011
For most Illinois families, the price of the January 2011 state income tax hike is an additional week’s wages lost to state coffers. But for some, the cost has been much higher as jobs disappear altogether. Between January and June 2011, 56,223 fewer Illinoisans were employed* – a performance worse than any other neighboring state....