Michigan

2015 State Business Tax Climate Index: Illinois drops to 31st

By Robert Steere
10/29/2014
Illinois’ burdensome tax climate for businesses will continue to hold the state back from creating jobs and growing the economy in 2015. The Tax Foundation issued its 2015 State Business Tax Climate Index, reporting that Illinois dropped two positions in the ranking since last year, to 31st from 29th. Prior to 2011, Illinois steadily ranked...

TAGS: taxes

Manufacturing a comeback

By Michael Lucci
10/27/2014
Illinois’ economy needs a real comeback to get the state back to work. To address what is needed for a sustainable recovery, policymakers should look at one of Illinois’ primary pain points: the manufacturing sector. The recession caused Illinois to lose 116,800 manufacturing jobs from January 2008-January 2010. After that, Illinois began a weak manufacturing...

Top 10 facts on 401(k)s for government workers

10/20/2014
Illinois politicians have looted and mismanaged government-worker pensions for decades. Now the retirement security of government workers is at risk. It’s time to take politicians out of the retirement business and give workers control over their own retirement futures. Here are the top 10 facts you need to know about 401(k)-style retirement plans: 1) 401(k)s...

New app gives Illinois voters access to legislation, timely legislative information

By Jane McEnaney
10/09/2014
Since January 2013, the Illinois General Assembly has filed 6,305 bills in the House and 3,667 bills in the Senate. These figures don’t account for the myriad amendments that are tacked on to many bills before the full legislature votes on them. With that many pieces of legislation, the average concerned citizen needs a mechanism...

Federal judge: Pensions not as protected as you think

By John Klingner
10/08/2014
Contrary to popular belief, government-worker pensions are not untouchable, at least according to the federal courts. The federal judge in charge of the bankruptcy proceedings of Stockton, California, has ruled that city-worker pension debt must be treated like any other form of debt and could be adjusted under federal bankruptcy law. The ruling is a...

Jobs vs. food stamps: Illinois last in the Midwest

By Michael Lucci
09/29/2014
Since the Great Recession ended, Illinois’ food-stamp enrollment has outpaced job creation by a ratio of nearly 2-to-1. The jobs versus food stamps comparison is a strong indicator of economic hardship. And compared to the rest of the Midwest, Illinoisans are truly feeling the pain. Since the Great Recession ended, Illinois is the only state...

TAGS: employment, jobs, unemployment

America’s digital divide: Startups fly, storefronts struggle

By Michael Lucci
09/26/2014
This article was written by Satta Sarmah and featured in Fast Company on September 26, 2014.  When 30-year-old Chicago native Sheyla Jarocz talks about how a brick and mortar storefront survives in the city’s North Center neighborhood, it sounds like a lonely mission. “I’ve tried to do promotions with nearby businesses,” said Jarocz, who opened Maash Boutique two years...

TAGS: Chicago, jobs

The disappearance of Illinois’ manufacturing jobs

By Michael Lucci
09/15/2014
Illinois’ manufacturing sector has been hemorrhaging jobs for decades, and policy has a lot to do with it. Since 2004, Illinois has lost 125,000 manufacturing jobs. Most of these losses resulted from the Great Recession – a colossal 117,000 manufacturing jobs were shed from January 2008-January 2010 – but precious few have returned. In the...

TAGS: jobs

Teachers begin exodus from unions in Michigan

By Paul Kersey
09/11/2014
After a year-long campaign by the nonpartisan Mackinac Center and other groups to inform Michigan’s teachers of their right to leave their union, around 5,000 teachers have decided to do so. But more than 100,000 teachers in the state remain under union control. And the Michigan Education Association, or MEA, is claiming victory for managing...

TAGS: labor, Michigan, unions

Record number of Illinois government workers opt out of pensions, into 401(k)-style plans

By Benjamin VanMetre
09/03/2014
Illinois has the worst-funded pension systems in the nation. But there’s one group of state-government workers that isn’t worried about whether their retirement checks will be slashed. Today, more than 13 percent of all active employees in the State Universities Retirement System, or SURS, participate in a 401(k)-style plan instead of a traditional pension plan...