Despite Gov. J.B. Pritzker touting growth in “every major region,” Illinois shed jobs in three metropolitan areas and lagged the national average in seven more.
A factory expected to employ 4,000 workers will not be coming to Illinois. Intersect Illinois cites the lack of a statewide Right-to-Work law and a dearth of shovel-ready sites as the main culprits.
Under its agreement with the state of Illinois, the candy company Haribo of America will bring 25 new jobs to its Rosemont headquarters by October 2018, followed by another 30 by October 2021.
Until Illinois lawmakers get serious about economic growth, don’t expect the state’s jobs trend to get off the depressing path it’s been treading for years.
Illinois’ jobs growth over the past year was 40 percent slower than the national average, and lagged even further behind the average of neighboring states.
Metropolitan jobs data show that from September 2015 – September 2016 the greater Chicago area is up approximately 49,000 jobs, while the rest of the state is down 6,000 jobs.
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.